Green Branch Management Group Corp

Analysis

Green Branch Management Group Corp is a registered charity in United States, based in College Park, MD. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Green Branch Management Group Corp reported income of $1.4m and spending of $1.4m, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $115k to $1.4m (+1115%), an average of +249% a year. The sharpest change came in the year to December 2022, when income rose by 285%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Green Branch Management Group Corp sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MD. Charities of a similar size with the same main cause include Rochester Community TV Inc ($1.4m), Billings Symphony Society ($1.4m) and Watershed Center for the Ceramic Arts Incorporated ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $125k (9.0% of expenses). Other salaries and wages came to $142k. At year end it held assets of $18.5m against liabilities of $2.8m, net assets of $15.7m.