Greenbrier Educational Foundation Inc

Analysis

Greenbrier Educational Foundation Inc is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greenbrier Educational Foundation Inc reported income of $1.8m and spending of $160k, leaving 91% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $279k to $1.8m (+561%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 446%. Over the whole period it spent 30% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greenbrier Educational Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Okeechobee Christian Academy Inc ($1.8m), Biscayne Mycroschool Inc ($1.8m) and Tech901 ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $8.8m against liabilities of -$4,159, net assets of $8.8m.