Growing Places Garden Project Inc

Analysis

Growing Places Garden Project Inc is a registered charity in United States, based in Leominster, MA. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Growing Places Garden Project Inc reported income of $2.2m and spending of $1.5m, leaving 34% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $282k to $2.2m (+694%), an average of +68% a year. The sharpest change came in the year to September 2023, when income rose by 129%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Growing Places Garden Project Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Blaine County Seniors Council Inc ($2.2m), Capital Milestone Child Care Inc ($2.2m) and Benzie Senior Resources ($2.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $87k (5.9% of expenses). Other salaries and wages came to $429k. At year end it held assets of $1.4m against liabilities of $176k, net assets of $1.2m. It reported 23 employees.