Greenwood Heritage Foundation Inc

Analysis

Greenwood Heritage Foundation Inc is a registered charity in United States, based in Greenwood, SC. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Greenwood Heritage Foundation Inc reported income of $130k and spending of $130k, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $198k to $130k (-35%), an average of -10% a year. The sharpest change came in the year to September 2021, when income rose by 211%. Over the whole period it spent 12% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greenwood Heritage Foundation Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 49th percentile within SC. Charities of a similar size with the same main cause include Acorn2oaks Inc ($129k), Houston Texas Exes Inc ($130k) and Tulsa Fiduciary Fund ($129k).

At year end it held assets of $4.8m against liabilities of $1.8m, net assets of $3.0m.