Green Meadow Homes Inc

Analysis

Green Meadow Homes Inc is a registered charity in United States, based in Sterling, VA. It received its IRS tax-exemption ruling in February 2004, 22 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 December 2023, Green Meadow Homes Inc reported income of $687k and spending of $678k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $859k to $687k (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2020, when income dropped by 43%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Green Meadow Homes Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include Ahepa 250 Inc ($687k), Sun City Center Residents Inc ($688k) and Chilpancingo Vista Inc ($687k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 101% of the total. Compensation of current officers, directors and key employees was $285k (42% of expenses). Other salaries and wages came to $182k. At year end it held assets of $80k against liabilities of $0, net assets of $80k. It reported 13 employees.