Greeneville City Schools Foundation

Analysis

Greeneville City Schools Foundation is a registered charity in United States, based in Greeneville, TN. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Greeneville City Schools Foundation reported income of $91k and spending of $102k, spending 112% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $91k to $91k (-0.3%), an average of -0.1% a year. The sharpest change came in the year to June 2022, when income rose by 171%. Over the whole period it spent 159% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greeneville City Schools Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within TN. Charities of a similar size with the same main cause include Greater Cincinnati Chinese School ($91k), Grand Ledge Football Boosters Inc ($91k) and Freedom Plaza Scholarship Fund Incorporated ($91k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 40% of the total. Other salaries and wages came to $34k. At year end it held assets of $405k against liabilities of $0, net assets of $405k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.