Greenhouse E3

Analysis

Greenhouse E3 is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Greenhouse E3 reported income of $2.8m and spending of $1.1m, leaving 60% of income unspent that year. Over the whole period it spent 40% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greenhouse E3 sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include 3keys Inc ($2.8m), Chinese-American Golden Age Association ($2.8m) and Hope Housing Foundation ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $184k (17% of expenses). Other salaries and wages came to $279k. At year end it held assets of $2.3m against liabilities of $627k, net assets of $1.7m. It reported 1 employees.