Greenpower USA Foundation

Analysis

Greenpower USA Foundation is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover science and technology, 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, Greenpower USA Foundation reported income of $173k and spending of $262k, spending 152% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $507k to $173k (-66%), an average of -19% a year. The sharpest change came in the year to December 2020, when income rose by 131%. 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, Greenpower USA Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within AL. Charities of a similar size with the same main cause include Alpharetta Symphony Orchestra Inc ($173k), Sweet Tea Shakespeare Inc ($173k) and First Hungarian Literary Society Incorporated ($173k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% of the total. Compensation of current officers, directors and key employees was $72k (27% of expenses). At year end it held assets of $322k against liabilities of $43k, net assets of $278k. It reported 1 employees.