Greenfield Academy Inc

Analysis

Greenfield Academy Inc is a registered charity in United States, based in Wilson, NC. It received its IRS tax-exemption ruling in August 1969, 57 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, Greenfield Academy Inc reported income of $6.3m and spending of $5.2m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $6.3m (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greenfield Academy Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include G I L Foundation Inc ($6.3m), Bcuw-Madeline Housing Partners ($6.3m) and Satellite Senior Homes Inc ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.1% and program service revenue 84% of the total. Other salaries and wages came to $2.8m. It paid $12k in professional fundraising fees. At year end it held assets of $11.6m against liabilities of $5.9m, net assets of $5.7m. It reported 134 employees.