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Grow Ohio Valley Inc

RegisteredEIN 32-0293018Wheeling, WVPoverty relief
Income$2.4m2023-12
Spending$2.3msame year
Spent / received105%5-year average
Size in its cause85th pctPoverty relief
Exempt since2010Publicly supported organisat
Employees68latest return

Analysis

Grow Ohio Valley Inc is a registered charity in United States, based in Wheeling, WV. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Grow Ohio Valley Inc reported income of $2.4m and spending of $2.3m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $877k to $2.4m (+172%), an average of +28% a year. The sharpest change came in the year to December 2020, when income rose by 125%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grow Ohio Valley Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within WV. Charities of a similar size with the same main cause include Family Service Agency ($2.4m), Choices for Families Inc ($2.4m) and Boone County Fair Association ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $509k against liabilities of $495k, net assets of $14k. It reported 68 employees.

Income and spending

$0$596k$1.2m$1.8m$2.4m2019 Income: $876,7972019 Spending: $1,297,25420192020 Income: $1,970,8142020 Spending: $1,946,72420202021 Income: $2,218,3082021 Spending: $2,256,05620212022 Income: $2,048,8442022 Spending: $2,239,89220222023 Income: $2,383,2302023 Spending: $2,267,1202023
IncomeSpending

Where the income comes from

  • Contributions & grants 58%
  • Program services 42%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Family Service AgencyPhoenix$2.4m
Choices for Families IncAlbuquerque$2.4m
Boone County Fair AssociationBelvidere$2.4m
Community Transportation Network IncFort Wayne$2.4m