Hbcu Green Fund

Analysis

Hbcu Green Fund is a registered charity in United States, based in Forest Park, GA. It received its IRS tax-exemption ruling in November 2018, 8 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, Hbcu Green Fund reported income of $1.4m and spending of $862k, leaving 37% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $232k to $1.4m (+491%), an average of +81% a year. The sharpest change came in the year to December 2022, when income rose by 123%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hbcu Green Fund sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include Faces of America ($1.4m), Futures Inc ($1.4m) and Diamond Street Early Childhood Cent Er ($1.4m).

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 $240k (28% of expenses). At year end it held assets of $699k against liabilities of $0, net assets of $699k.