Human Growth Foundation

Analysis

Human Growth Foundation is a registered charity in United States, based in Greenvale, NY. It received its IRS tax-exemption ruling in August 1972, 54 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Human Growth Foundation reported income of $1.2m and spending of $667k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $346k to $1.2m (+234%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Human Growth Foundation 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 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include National Church Residences of ($1.2m), Foundation for Applied Construction Technology for Students Inc ($1.2m) and Rock Blue ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 120% of the total. Compensation of current officers, directors and key employees was $122k (18% of expenses). Other salaries and wages came to $57k. At year end it held assets of $1.8m against liabilities of $15k, net assets of $1.8m. It reported 5 employees.