Green Is the New Blue Inc

Analysis

Green Is the New Blue Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Green Is the New Blue Inc reported income of $350k and spending of $240k, leaving 31% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $408k to $350k (-14%), an average of -5.0% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Green Is the New Blue Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Central Cross Country Skiing Foundation ($350k), Norwood Nuggets Skating Club Inc ($350k) and University of Nebraska Lincoln Sport Clubs Council Inc ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $12k. At year end it held assets of $151k against liabilities of $0, net assets of $151k. It reported 1 employees.