Greenfield Commons Inc

Analysis

Greenfield Commons Inc is a registered charity in United States, based in Fairfield, CT. It received its IRS tax-exemption ruling in March 2007, 19 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 December 2023, Greenfield Commons Inc reported income of $148k and spending of $176k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $160k to $148k (-7.8%), an average of -2.0% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greenfield Commons Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within CT. Charities of a similar size with the same main cause include Curry Hayes Homes Inc ($148k), Asi McAlester Inc ($148k) and A H I Housing Inc ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 38% of the total. At year end it held assets of $1.3m against liabilities of $44k, net assets of $1.2m.