The Greenmount School Incorporated

Analysis

The Greenmount School Incorporated is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 1993, 33 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Greenmount School Incorporated reported income of $1.9m and spending of $2.0m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $1.9m (+10%), an average of +3.3% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Greenmount School Incorporated sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Monmouth Day Care Center Inc ($1.9m), Catholic Urban Programs NFP ($1.9m) and Hellenic Missionary Union Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $124k (6.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.6m against liabilities of $834k, net assets of $1.8m. It reported 26 employees.