Green Light Project Inc

Analysis

Green Light Project Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Light Project Inc reported income of $4.2m and spending of $4.5m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.7m to $4.2m (-46%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 69%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Green Light Project Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Massachusetts Health Quality Partners Inc ($4.2m), Donald P and Katherine B Loker University Student Union Inc ($4.2m) and Clifton Cheder Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $587k (13% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $543k against liabilities of $417k, net assets of $127k. It reported 11 employees.