Greenbelt Home Care

Analysis

Greenbelt Home Care is a registered charity in United States, based in Eldora, IA. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Greenbelt Home Care reported income of $2.1m and spending of $1.9m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $2.1m (+20%), an average of +6.2% a year. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Greenbelt Home Care sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within IA. Charities of a similar size with the same main cause include Family C a F E ($2.1m), Kesher Nafshi Inc ($2.1m) and Franciscan Foundation Washington ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $81k (4.2% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $997k against liabilities of $752k, net assets of $245k. It reported 24 employees.