Asheville Greenworks

Analysis

Asheville Greenworks is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in May 1990, 36 years ago. 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 June 2023, Asheville Greenworks reported income of $757k and spending of $795k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $549k to $757k (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2021, when income rose by 44%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Asheville Greenworks sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include National Family Farm Coalition ($757k), Beta Foster Care ($757k) and Alleghany Highlands Chamber of Commerce ($757k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $94k (12% of expenses). Other salaries and wages came to $325k. At year end it held assets of $240k against liabilities of $63k, net assets of $177k. It reported 10 employees.