Growth Resourcing Group Inc

Analysis

Growth Resourcing Group Inc is a registered charity in United States, based in Wylie, TX. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Growth Resourcing Group Inc reported income of $115k and spending of $117k, spending 102% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $117k to $115k (-1.9%), an average of -1.9% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Growth Resourcing Group Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Jungshim Ki Energy Center ($115k), Bloomsburg Food Cupboard ($115k) and Woodstock Time Bank ($115k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 88% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.