Grow It Green Morristown Inc

Analysis

Grow It Green Morristown Inc is a registered charity in United States, based in Morristown, NJ. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 2023, Grow It Green Morristown Inc reported income of $424k and spending of $385k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $287k to $424k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 83% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Grow It Green Morristown Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Friends of Deckers Creek ($423k), Frontier Horizon Inc ($424k) and Taos Land Trust ($423k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $57k (15% of expenses). Other salaries and wages came to $196k. At year end it held assets of $652k against liabilities of $13k, net assets of $639k. It reported 20 employees.