Greenway Foundation Inc

Analysis

Greenway Foundation Inc is a registered charity in United States, based in Alameda, CA. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2022, Greenway Foundation Inc reported income of $76k and spending of $85k, spending 112% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $2,810 to $76k (+2594%), an average of +2594% a year. The sharpest change came in the year to December 2022, when income rose by 2594%. Over the whole period it spent 129% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greenway Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include San Antonio Basketball Organization ($76k), Alumni for the Future Inc ($76k) and Sand Otter Swimming ($76k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,209 against liabilities of $27k, net assets of -$23k.