Li Greenmarket Inc

Analysis

Li Greenmarket Inc is a registered charity in United States, based in Long Beach, NY. It received its IRS tax-exemption ruling in February 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Li Greenmarket Inc reported income of $91k and spending of $90k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $91k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Li Greenmarket Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Dress a Child for School ($91k), Abundant Life Care ($91k) and Friends of the Hocking Hills State Park ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $6,933 against liabilities of $0, net assets of $6,933.