Growth Opportunity Center Inc

Analysis

Growth Opportunity Center Inc is a registered charity in United States, based in Southampton, PA. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Growth Opportunity Center Inc reported income of $5.8m and spending of $5.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $5.8m (+64%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Growth Opportunity Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Lee County Cooperative Clinic ($5.7m), Williamson Medical Foundation Inc ($5.8m) and Sheltering Arms Hospital ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $611k (11% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.0m against liabilities of $504k, net assets of $538k. It reported 27 employees.