Growth

Analysis

Growth is a registered charity in United States, based in Summerville, SC. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Growth reported income of $4.8m and spending of $4.8m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.0m to $4.8m (-21%), an average of -5.6% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Growth sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within SC. Charities of a similar size with the same main cause include The@childrens Education Initiative ($4.8m), Family and Child Learning Centers of Northeast Wisconsin Inc ($4.8m) and Case Alumni Associationincorporated ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $91.7m against liabilities of $91.5m, net assets of $111k.