Love to Grow on

Analysis

Love to Grow on is a registered charity in United States, based in Circle Pines, MN. It received its IRS tax-exemption ruling in June 1999, 27 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, Love to Grow on reported income of $2.4m and spending of $2.5m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.4m (+57%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love to Grow on 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 MN. Charities of a similar size with the same main cause include East End Neighborhood House Association ($2.4m), Caribbean Womens Health Association Inc ($2.4m) and Council for Developmental Disabilities Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.8% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $158k (6.4% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $5.0m against liabilities of $3.3m, net assets of $1.6m. It reported 102 employees.