Greenville Re-development Coproration is a 501(c)(3) organization based in Greenville, South Carolina, registered in 2015, with $2,522,930 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$2.5M
▲ 38.2% vs prior year
Housing median: $408K
Expenses (FY2024)
$3.0M
Net assets
$13.4M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Greenville Re-development Coproration— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Greenville Re-development Coproration: 54 mo reserves · -19% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Greenville Re-development Coproration— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Greenville Re-development Coproration: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $18.3M (FY2017) to $2.5M (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-18.9%
Spent more than it raised in the latest fiscal year.
Total assets
$16.1M
Total liabilities
$2.7M
Net assets
$13.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,522,930▲38.2% | $2,999,429▲7.1% | $13,420,449▼3.4% | $16,139,702▼3.9% | 990 |
| 2023 | $1,826,120▲8.9% | $2,800,961▼0.8% | $13,896,948▼6.6% | $16,794,239▼5.9% | 990 |
| 2022 | $1,677,439▼5.1% | $2,822,526▲15.8% | $14,871,789▼7.1% | $17,844,197▼6.5% | 990 |
| 2021 | $1,767,760▲47.1% | $2,437,383▲25.1% | $16,016,876▲10.5% | $19,092,060▲30.2% | 990 |
| 2020 | $1,202,130▼2.1% | $1,949,077▲14.9% | $14,495,341▼4.9% | $14,663,472▼4.4% | 990 |
| 2019 | $1,227,498▲0.1% | $1,696,097▼49.6% | $15,242,288▼3.0% | $15,336,893▼3.2% | 990 |
| 2018 | $1,226,112▼93.3% | $3,363,853▲640% | $15,710,887▼12.0% | $15,840,646▼12.8% | 990 |
| 2017 | $18,303,276 | $454,648 | $17,848,628 | $18,155,533 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Greenville Re-development Coproration (EIN 47-1060223) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.