Greensboro Literary Organization

Analysis

Greensboro Literary Organization is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Greensboro Literary Organization reported income of $238k and spending of $263k, spending 111% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $233k to $238k (+2.3%), an average of +1.1% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greensboro Literary Organization sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Monterey County Film Commission ($238k), Filmmakers United ($238k) and Julien Dubuque International Film Festival ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $224k against liabilities of $0, net assets of $224k. It reported 1 employees.