Greene Scholars

Analysis

Greene Scholars is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Greene Scholars reported income of $520k and spending of $577k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $268k to $520k (+94%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 88%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greene Scholars sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Thundercloud Subs Turkey Trot ($520k), Charity for Change Inc ($520k) and Barney & Barney Foundation ($520k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $48k (8.4% of expenses). Other salaries and wages came to $255k. At year end it held assets of $637k against liabilities of $0, net assets of $637k. It reported 8 employees.