Greenline Housing Foundation

Analysis

Greenline Housing Foundation is a registered charity in United States, based in Sierra Madre, CA. It received its IRS tax-exemption ruling in December 2021, 5 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greenline Housing Foundation reported income of $559k and spending of $396k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $332k to $559k (+68%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 71% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greenline Housing Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Elderly Housing Inc ($559k), Stow Elderly Housing Corp ($560k) and Camp Hill Square Development Corporation ($559k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $50k (13% of expenses). At year end it held assets of $348k against liabilities of $1,705, net assets of $347k. It reported 1 employees.