City Growers Inc

Analysis

City Growers Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2013, 13 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 June 2023, City Growers Inc reported income of $516k and spending of $438k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $411k to $516k (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2022, when income rose by 98%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, City Growers Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Moms House of Phoenixville ($516k), Living Alternatives of Palestine ($516k) and River Communities Fiduciary Services Inc ($515k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.6% of the total. Other salaries and wages came to $296k. At year end it held assets of $201k against liabilities of $11k, net assets of $190k. It reported 27 employees.