Green Bag Inc

Analysis

Green Bag Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 December 2023, Green Bag Inc reported income of $87k and spending of $72k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $72k to $87k (+20%), an average of +4.8% a year. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Green Bag Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 17th percentile within DC. Charities of a similar size with the same main cause include Asbury Park Arts Council Inc ($87k), Heavens Heartstrings Ministries ($87k) and International Biodiversity Foundation Incorporated ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.