Greenco Industries Foundation Inc

Analysis

Greenco Industries Foundation Inc is a registered charity in United States, based in Monroe, WI. It received its IRS tax-exemption ruling in May 1985, 41 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greenco Industries Foundation Inc reported income of $555k and spending of $197k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $408k to $555k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2023, when income rose by 339%. Over the whole period it spent 31% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greenco Industries Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within WI. Charities of a similar size with the same main cause include Monsignor Adamski Village Housing Development Fund Company Inc ($554k), Able Hands Inc ($555k) and Duffield Volunteer Fire and Rescue Squad Inc ($554k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% of the total. At year end it held assets of $9.8m against liabilities of $1,500, net assets of $9.8m.