Growing Home Southeast Inc

Analysis

Growing Home Southeast Inc is a registered charity in United States, based in Cayce, SC. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Growing Home Southeast Inc reported income of $6.2m and spending of $5.8m, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $6.3m to $6.2m (-1.0%), an average of -0.2% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Growing Home Southeast Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within SC. Charities of a similar size with the same main cause include Corpsafrica ($6.2m), The Cross Road Rest and Retirement Center Inc ($6.2m) and Hope House Day Care Center Inc ($6.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $320k (5.5% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $4.7m against liabilities of $645k, net assets of $4.1m. It reported 130 employees.