Ivy Greene Inc

Analysis

Ivy Greene Inc is a registered charity in United States, based in Pontotoc, MS. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Ivy Greene Inc reported income of $228k and spending of $232k, spending 102% of its income. Across the 3 years on record, from May 2022 to May 2024, income fell from $251k to $228k (-9.1%), an average of -4.7% a year. The sharpest change came in the year to May 2024, when income dropped by 22%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ivy Greene Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within MS. Charities of a similar size with the same main cause include Easter Preschool ($228k), Peoria Education Foundation ($228k) and Communication First ($228k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 4.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $18k (7.8% of expenses). Other salaries and wages came to $70k. At year end it held assets of $32k against liabilities of $98k, net assets of -$67k. It reported 3 employees.