The Growing Place Center for Care & Learning of Salem St Paul

Analysis

The Growing Place Center for Care & Learning of Salem St Paul is a registered charity in United States, based in Kresgeville, PA. It received its IRS tax-exemption ruling in February 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, The Growing Place Center for Care & Learning of Salem St Paul reported income of $3.7m and spending of $3.8m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $3.7m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Growing Place Center for Care & Learning of Salem St Paul sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include State University of New York College at Farmingdale Foundation ($3.7m), Marco Island Charter Middle School ($3.7m) and St Vrain Community Montessori School ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $110k (2.9% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $3.3m against liabilities of $279k, net assets of $3.0m. It reported 112 employees.