Growing Place

Analysis

Growing Place is a registered charity in United States, based in Rugby, ND. It received its IRS tax-exemption ruling in July 1984, 42 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 Place reported income of $188k and spending of $215k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $183k to $188k (+2.9%), an average of +0.7% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Growing Place sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 45th percentile within ND. Charities of a similar size with the same main cause include Community Harvest of Central Vermont ($188k), 5 Steps to Five Inc ($188k) and Helping Hands for the Blind ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Other salaries and wages came to $157k. At year end it held assets of $80k against liabilities of $2,273, net assets of $77k. It reported 8 employees.