Greenbean Ventures

Analysis

Greenbean Ventures is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in June 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greenbean Ventures reported income of $536k and spending of $121k, leaving 78% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $311k to $536k (+72%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 19% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greenbean Ventures sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Saugatuck Cooperative Inc ($536k), Assisi Homes of Gurnee Inc ($536k) and Northwest Montana Community Land Trust Inc ($536k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.