Greenwood Pathway House Foundation Inc

Analysis

Greenwood Pathway House Foundation Inc is a registered charity in United States, based in Greenwood, SC. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Greenwood Pathway House Foundation Inc reported income of $817k and spending of $9,028, leaving 99% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $1.1m to $817k (-23%), an average of -23% a year. The sharpest change came in the year to June 2024, when income dropped by 23%. Over the whole period it spent 0.5% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greenwood Pathway House Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within SC. Charities of a similar size with the same main cause include Rooks County Healthcare Foundation ($816k), Rome Community Foundation ($818k) and Jewish Federation of Southern Illinois ($816k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.