Greenshade Schools Inc

Analysis

Greenshade Schools Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in June 1978, 48 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Greenshade Schools Inc reported income of $274k and spending of $305k, spending 111% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income fell from $565k to $274k (-51%), an average of -14% a year. The sharpest change came in the year to July 2024, when income dropped by 29%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greenshade Schools Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within CO. Charities of a similar size with the same main cause include National Junior Basketball ($274k), Community Shares of Illinois ($274k) and Volunteer Auxiliary to the University of Arkansas Hospital ($274k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 4.3% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $53k (17% of expenses). Other salaries and wages came to $131k. At year end it held assets of $139k against liabilities of $41k, net assets of $98k. It reported 9 employees.