Greenwood School Inc

Analysis

Greenwood School Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in August 1975, 51 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 May 2023, Greenwood School Inc reported income of $3.3m and spending of $3.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to May 2023, income grew from $2.9m to $3.3m (+17%), an average of +4.0% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greenwood School Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include A Place to Be ($3.3m), Centinela Youth Services Inc ($3.3m) and Clear Motivations ($3.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 7.9% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $144k (4.3% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $7.8m against liabilities of $1.5m, net assets of $6.3m. It reported 47 employees.