Green Heart Project Inc
Analysis
Green Heart Project Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 July 2023, Green Heart Project Inc reported income of $1.0m and spending of $1.1m, spending 103% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $973k to $1.0m (+5.2%), an average of +1.7% a year. Over the whole period it spent 91% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Green Heart Project Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within SC. Charities of a similar size with the same main cause include Hermits Peak Watershed Alliance ($1.0m), Scarborough Land Conservation Trust ($1.0m) and Stream Restoration Incorporated ($1.0m).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 65% and program service revenue 25% of the total. Other salaries and wages came to $650k. At year end it held assets of $1.8m against liabilities of $744k, net assets of $1.1m. It reported 31 employees.
Income and spending
Where the income comes from
- Contributions & grants 65%
- Program services 25%
- Other 10%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hermits Peak Watershed Alliance | Sapello | $1.0m |
| Scarborough Land Conservation Trust | Scarborough | $1.0m |
| Stream Restoration Incorporated | Slippery Rock | $1.0m |
| Triple Bottom Line Foundation | Denver | $1.0m |