Community Foundation of Greater Greensboro Inc
301 N Elm St Ste 100, Greensboro, NC · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $19,207,070 | $21,067,714 | $244,632,412 |
| FY2023 | $15,424,786 | $20,379,208 | $223,778,715 |
| FY2022 | $16,910,759 | $17,931,059 | $198,999,110 |
| FY2021 | $40,395,887 | $20,634,793 | $230,868,487 |
| FY2020 | $95,519,308 | $37,141,608 | $213,984,032 |
| FY2019 | $26,286,477 | $46,581,564 | $152,991,052 |
| FY2018 | $22,505,569 | $28,537,093 | $155,247,787 |
| FY2017 | $25,404,149 | $21,954,744 | $177,561,025 |
| FY2016 | $27,790,742 | $20,931,167 | $166,158,084 |
| FY2015 | $37,872,581 | $20,028,537 | $155,872,406 |
| FY2014 | $21,021,772 | $24,195,974 | $149,034,921 |
| FY2013 | $46,422,398 | $16,107,747 | $153,534,324 |
| FY2012 | $31,060,425 | $12,221,538 | $111,351,486 |
| FY2011 | $19,983,612 | $12,389,333 | $85,948,807 |
Form 990 filings
The returns filed by Community Foundation of Greater Greensboro Inc (EIN 56-1380249), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $12,116,830 | 63% |
| Program service revenue | $131,483 | 1% |
| Other revenue | $6,958,757 | 36% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $17,762,527 | 84% |
| Management & general | $3,151,100 | 15% |
| Fundraising | $154,087 | 1% |
What the numbers show
- Contributions & grants made up 63% of total revenue in FY2024.
- Program services accounted for 84% of functional expenses, management & general 15%, and fundraising 1%.
- 84% of functional expenses went to program services in FY2024. That is higher than 15.4% of 26 Philanthropy, Voluntarism & Grantmaking Foundations organizations in NC.
- Net assets covered about 139.3 months of expenses at the end of the reporting year. That puts it in the 58th percentile among 1260 Philanthropy, Voluntarism & Grantmaking Foundations organizations in NC.
- Total revenue was higher than 98% of 1302 Philanthropy, Voluntarism & Grantmaking Foundations organizations in NC.
- Total revenue fell from $19,983,612 in FY2011 to $19,207,070 in FY2024. Revenue increased in 6 and decreased in 7 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 6 of 14 reported years (FY2014, FY2018, FY2019, FY2022, FY2023, FY2024).
- The highest revenue on record here is $95,519,308 in FY2020.
- Net assets grew from $85,948,807 to $244,632,412 between FY2011 and FY2024.
- Contributions and grants made up 81% of revenue in FY2011 and 63% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE COMMUNITY FOUNDATION MANAGES OVER 600 CHARITABLE FUNDS ESTABLISHED TO STRENGTHEN ITS COMMUNITIES BY PROVIDING SUPPORT TO A BROAD RANGE OF COMMUNITY NEEDS, NONPROFIT ORGANIZATIONS, AND EDUCATIONAL OPPORTUNITIES.
IRS status
| Ruling year | 1984 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T310 — Philanthropy, Voluntarism & Grantmaking Foundations (in NC) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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