Room to Grow

Analysis

Room to Grow is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in January 2011, 15 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 January 2023, Room to Grow reported income of $245k and spending of $236k, spending 96% of its income. Across the 4 years on record, from January 2020 to January 2023, income grew from $207k to $245k (+18%), an average of +5.7% a year. The sharpest change came in the year to January 2022, when income rose by 69%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Room to Grow sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Union Cross Thrift Store ($245k), Babe of Wabash County Inc ($245k) and Feeding People Through Plants NFP ($245k).

On its Form 990 for the period ending January 2023, revenue came from contributions and grants 7.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $91k (39% of expenses). Other salaries and wages came to $60k. At year end it held assets of $66k against liabilities of $0, net assets of $66k. It reported 8 employees.