Green Planet Company

Analysis

Green Planet Company is a registered charity in United States, based in Guilford, CT. It received its IRS tax-exemption ruling in July 2019, 7 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 (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, Green Planet Company reported income of $1.2m and spending of $61k, leaving 95% of income unspent that year. The sharpest change came in the year to December 2021, when income rose by 3853%. Over the whole period it spent 10% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Green Planet Company sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within CT. Charities of a similar size with the same main cause include Affordable Housing Partnership of the Capital Region Inc ($1.2m), Roseburg Resuce Mission Inc ($1.2m) and Promise Rose Residential Care Home ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $25k (41% of expenses). At year end it held assets of $4.4m against liabilities of $2.5m, net assets of $1.9m. It reported 1 employees.