Greencroft Middlebury Inc

Analysis

Greencroft Middlebury Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Greencroft Middlebury Inc reported income of $938k and spending of $879k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $655k to $938k (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greencroft Middlebury Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within IN. Charities of a similar size with the same main cause include Project Build a Future ($938k), The Salvation Army El Cajon Residences Inc ($938k) and Brown Lawson Housing Development Corporation ($937k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.2% and program service revenue 88% of the total. Other salaries and wages came to $90k. At year end it held assets of $12.3m against liabilities of $8.0m, net assets of $4.3m.