Rochester Greenovation Inc

Analysis

Rochester Greenovation Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Rochester Greenovation Inc reported income of $108k and spending of $110k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $85k to $108k (+27%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 109% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rochester Greenovation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Crime Stoppers of Northeast Florida Inc ($108k), Folkshop Inc ($108k) and Gsba Foundation ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.