Greenroots Inc

Analysis

Greenroots Inc is a registered charity in United States, based in Chelsea, MA. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Greenroots Inc reported income of $4.8m and spending of $2.3m, leaving 52% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.9m to $4.8m (+68%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 135%. Over the whole period it spent 47% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Greenroots Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Coalition for Rainforest Nations Secretariat ($4.8m), Audubon Canyon Ranch Inc ($4.8m) and American Conservation Coalition Inc ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $138k (5.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $9.6m against liabilities of $549k, net assets of $9.0m. It reported 40 employees.