Greater Green Bay Community Foundation Inc

Analysis

Greater Green Bay Community Foundation Inc is a registered charity in United States, based in Green Bay, WI. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Greater Green Bay Community Foundation Inc reported income of $29.8m and spending of $20.1m, leaving 32% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $45.1m to $29.8m (-34%), an average of -9.9% a year. The sharpest change came in the year to June 2023, when income dropped by 54%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greater Green Bay Community Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include Charlottesville Area Community Foundation ($29.2m), The Rosser Foundation a Pure Charitable Trust and Public Charit ($29.8m) and Foundation for Appalachian Ohio ($29.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% of the total. Compensation of current officers, directors and key employees was $367k (1.8% of expenses). Other salaries and wages came to $729k. At year end it held assets of $171.6m against liabilities of $37.6m, net assets of $134.0m. It reported 12 employees.