Greencastle of Bienterra Inc

Analysis

Greencastle of Bienterra Inc is a registered charity in United States, based in Oak Brook, IL. It received its IRS tax-exemption ruling in May 1997, 29 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 December 2023, Greencastle of Bienterra Inc reported income of $683k and spending of $779k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $631k to $683k (+8.3%), an average of +2.0% a year. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greencastle of Bienterra Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Marin Aging and Disability Institute LLC ($683k), Ridgewood Bushwick Homesteading Assistance Housing Development Fun ($683k) and Hendry County Non-Profit Housing Inc ($683k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $218k. At year end it held assets of $2.0m against liabilities of $45k, net assets of $2.0m.

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.