Greenagers Inc

Analysis

Greenagers Inc is a registered charity in United States, based in S Egremont, MA. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Greenagers Inc reported income of $1.5m and spending of $1.4m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $801k to $1.5m (+90%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 77%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greenagers Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Food for Morgan County Inc ($1.5m), Can D Aid ($1.5m) and Crosslines Churches of the Joplin Area Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $77k (5.5% of expenses). Other salaries and wages came to $773k. At year end it held assets of $2.7m against liabilities of $81k, net assets of $2.6m. It reported 81 employees.