Greenwood Education Foundation

Analysis

Greenwood Education Foundation is a registered charity in United States, based in Greenwood, IN. It received its IRS tax-exemption ruling in November 2014, 12 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, Greenwood Education Foundation reported income of $115k and spending of $124k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $301k to $115k (-62%), an average of -62% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greenwood Education Foundation sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within IN. Charities of a similar size with the same main cause include Boyer Elementary Parent Teacher Organization ($115k), Carroll High School Foundation ($115k) and Discovery Parent Child Pre School ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. Compensation of current officers, directors and key employees was $12k (10.0% of expenses). At year end it held assets of $405k against liabilities of $0, net assets of $405k.