Growing Places Indy Inc

Analysis

Growing Places Indy Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 2012, 14 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 2023, Growing Places Indy Inc reported income of $421k and spending of $269k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $231k to $421k (+82%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Growing Places Indy Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include Eliza Hope Foundation ($421k), West Virginia Casa Association Inc ($421k) and Blakelys Tender Care ($421k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $103k. At year end it held assets of $219k against liabilities of $0, net assets of $219k. It reported 4 employees.