Mid-Peninsula Greenridge Inc

Analysis

Mid-Peninsula Greenridge Inc is a registered charity in United States, based in Foster City, CA. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mid-Peninsula Greenridge Inc reported income of $175k and spending of $102k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $175k (+90%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 55% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mid-Peninsula Greenridge Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Catholic Housing Corporation Oflansford Inc ($175k), Wilson Street Aprtments Inc ($175k) and Yakubian Homes ($175k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $700k against liabilities of $4,055, net assets of $696k.