Greene Foundation

Analysis

Greene Foundation is a registered charity in United States, based in Miamisburg, OH. It received its IRS tax-exemption ruling in March 1976, 50 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greene Foundation reported income of $309k and spending of $728k, spending 236% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $309k (-73%), an average of -28% a year. The sharpest change came in the year to December 2020, when income dropped by 66%. Over the whole period it spent 139% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Greene Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Tatton Brown Rahman Syndrome Community Inc ($309k), Cascade Medical Team ($309k) and Vineyard Havens Inc ($309k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $196k (27% of expenses). Other salaries and wages came to $141k. At year end it held assets of $3.6m against liabilities of $2,050, net assets of $3.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.