Greystone Manor Inc
Analysis
Greystone Manor Inc is a registered charity in United States, based in Jamestown, KY. It received its IRS tax-exemption ruling in January 1985, 41 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, Greystone Manor Inc reported income of $370k and spending of $368k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $336k to $370k (+9.9%), an average of +2.4% a year. Over the whole period it spent 99% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greystone Manor Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within KY. Charities of a similar size with the same main cause include Houston Chinese Senior Housing Corp ($370k), Northwest Chicago Group Homes Inc ($370k) and Kendal Aging ($370k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 67% and program service revenue 31% of the total. Other salaries and wages came to $71k. At year end it held assets of $633k against liabilities of $1.2m, net assets of -$550k.
Income and spending
Where the income comes from
- Contributions & grants 67%
- Program services 31%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Houston Chinese Senior Housing Corp | Houston | $370k |
| Northwest Chicago Group Homes Inc | Des Plaines | $370k |
| Kendal Aging | Newark | $370k |
| 32 Byers Street Inc | Springfield | $370k |