Ted R Green Foundation

Analysis

Ted R Green Foundation is a registered charity in United States, based in East Orange, NJ. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, Ted R Green Foundation reported income of $108k and spending of $106k, spending 98% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $103k to $108k (+5.8%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 74% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ted R Green Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 47th percentile within NJ. Charities of a similar size with the same main cause include Folkshop Inc ($108k), Africatown Heritage Preservation Foundation ($109k) and Rochester Greenovation Inc ($108k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $131k against liabilities of $0, net assets of $131k.