Greencroft Manor III Inc

Analysis

Greencroft Manor III Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in June 1978, 48 years ago. 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 Manor III Inc reported income of $778k and spending of $669k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $731k to $778k (+6.4%), an average of +1.6% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greencroft Manor III Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within IN. Charities of a similar size with the same main cause include Lighthouse for Life ($778k), Wilson House of East Dorset ($778k) and Fellowship of Christians in Action Inc ($778k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 94% of the total. Other salaries and wages came to $105k. At year end it held assets of $1.5m against liabilities of $1.8m, net assets of -$356k.