Global Greengrants Fund Inc
Analysis
Global Greengrants Fund Inc is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 June 2023, Global Greengrants Fund Inc reported income of $42.6m and spending of $21.9m, leaving 49% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.0m to $42.6m (+256%), an average of +37% a year. The sharpest change came in the year to June 2022, when income rose by 130%. Over the whole period it spent 60% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Global Greengrants Fund Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include Buffalo Bayou Partnership ($42.6m), Ceres Inc ($43.5m) and Mattress Recycling Council ($42.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $630k (2.9% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $60.9m against liabilities of $739k, net assets of $60.2m. It reported 32 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 0.7%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Buffalo Bayou Partnership | Houston | $42.6m |
| Ceres Inc | Boston | $43.5m |
| Mattress Recycling Council | Alexandria | $42.2m |
| Grid Alternatives | Oakland | $43.8m |