Greystone Power Foundation Inc

Analysis

Greystone Power Foundation Inc is a registered charity in United States, based in Douglasville, GA. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 August 2024, Greystone Power Foundation Inc reported income of $821k and spending of $639k, leaving 22% of income unspent that year. Across the 5 years on record, from August 2020 to August 2024, income grew from $467k to $821k (+76%), an average of +15% a year. The sharpest change came in the year to August 2023, when income rose by 101%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greystone Power Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($821k), Kensington Place Inc ($822k) and Burbank Orchards Inc ($821k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $9,200 (1.4% of expenses). At year end it held assets of $520k against liabilities of $0, net assets of $520k.