Downtown Greens Inc

Analysis

Downtown Greens Inc is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in August 1998, 28 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, Downtown Greens Inc reported income of $1.9m and spending of $342k, leaving 82% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $102k to $1.9m (+1743%), an average of +164% a year. The sharpest change came in the year to December 2021, when income rose by 1084%. Over the whole period it spent 24% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Downtown Greens Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Duwamish River Cleanupcoalition-Technical Advisory Group ($1.9m), Museum at Eldridge Street ($1.9m) and Synchronicity Earth USA Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $52k (15% of expenses). Other salaries and wages came to $108k. At year end it held assets of $3.2m against liabilities of $307k, net assets of $2.9m. It reported 9 employees.