Greater Greenville Housing & Revitalization Assoc Inc

Analysis

Greater Greenville Housing & Revitalization Assoc Inc is a registered charity in United States, based in Greenville, MS. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 January 2023, Greater Greenville Housing & Revitalization Assoc Inc reported income of $1.1m and spending of $1.5m, spending 134% of what it took in. Across the 4 years on record, from January 2020 to January 2023, income fell from $1.2m to $1.1m (-2.9%), an average of -1.0% a year. Over the whole period it spent 117% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Greenville Housing & Revitalization Assoc Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within MS. Charities of a similar size with the same main cause include We Make Autism at Work Inc ($1.1m), Cherry Hill Development Corporation ($1.1m) and Backroads of Appalachia ($1.1m).

On its Form 990 for the period ending January 2023, revenue came from contributions and grants 17% of the total. Compensation of current officers, directors and key employees was $279k (19% of expenses). At year end it held assets of $9.6m against liabilities of $2.1m, net assets of $7.5m.

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.