Greenstone Residence Inc

Analysis

Greenstone Residence Inc is a registered charity in United States, based in Waynesboro, VA. It received its IRS tax-exemption ruling in October 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greenstone Residence Inc reported income of $150k and spending of $148k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $146k to $150k (+2.8%), an average of +2.8% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greenstone Residence Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within VA. Charities of a similar size with the same main cause include Revere Booster Club Inc Ohio ($150k), Camp Kurios Inc ($150k) and Volunteers of America Inc ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $260k against liabilities of $179k, net assets of $81k.