Greenwood Education Foundation Inc

Analysis

Greenwood Education Foundation Inc is a registered charity in United States, based in Greenwood, AR. It received its IRS tax-exemption ruling in July 1995, 31 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 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, Greenwood Education Foundation Inc reported income of $139k and spending of $86k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $44k to $139k (+214%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 121%. Over the whole period it spent 80% 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 Education Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within AR. Charities of a similar size with the same main cause include Addison Township Foundation ($139k), Washington Community Fund Inc ($139k) and Christian Ministries Foundation Inc ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $473k against liabilities of $0, net assets of $473k.