Greylock Flume Inc

Analysis

Greylock Flume Inc is a registered charity in United States, based in North Adams, MA. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Greylock Flume Inc reported income of $79k and spending of $41k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $5,000 to $79k (+1478%), an average of +1478% a year. The sharpest change came in the year to December 2023, when income rose by 1478%. Over the whole period it spent 59% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greylock Flume 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 31st percentile, and in the 39th percentile within MA. Charities of a similar size with the same main cause include East Whittier Womans Improvement Club ($79k), Charity for Hope ($79k) and Bath Volunteers for Service ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.