One to Grow on 2 Inc

Analysis

One to Grow on 2 Inc is a registered charity in United States, based in Florissant, MO. It received its IRS tax-exemption ruling in July 2019, 7 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 December 2023, One to Grow on 2 Inc reported income of $2.1m and spending of $1.4m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $541k to $2.1m (+287%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 70%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, One to Grow on 2 Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MO. Charities of a similar size with the same main cause include Thrive Youth Center Inc ($2.1m), The E3 Ranch Foundation Inc ($2.1m) and Vons Vision Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $173k (12% of expenses). Other salaries and wages came to $683k. At year end it held assets of $1.6m against liabilities of $79k, net assets of $1.5m. It reported 36 employees.