Green Advantage Inc
Analysis
Green Advantage Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Green Advantage Inc reported income of $200k and spending of $184k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $99k to $200k (+102%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 99%. Over the whole period it spent 95% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Green Advantage Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within MD. Charities of a similar size with the same main cause include Rio Bravo Restoration ($200k), Source of Synergy Foundation Inc ($200k) and Black Thumb Farm ($200k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $179k against liabilities of $45k, net assets of $135k.
Income and spending
Where the income comes from
- Contributions & grants 78%
- Program services 22%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rio Bravo Restoration | Terlingua | $200k |
| Source of Synergy Foundation Inc | East Hampton | $200k |
| Black Thumb Farm | Porter Ranch | $200k |
| 3d Nature Technologies Inc | San Marcos | $200k |