Grow Dat Youth Farm

Analysis

Grow Dat Youth Farm is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in May 2014, 12 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, Grow Dat Youth Farm reported income of $1.5m and spending of $1.0m, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $838k to $1.5m (+78%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grow Dat Youth Farm sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within LA. Charities of a similar size with the same main cause include Center for Independent Living of North Florida Inc ($1.5m), Home Away From Home Child Care Center ($1.5m) and Kids Harbor Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $72k (7.0% of expenses). Other salaries and wages came to $618k. At year end it held assets of $1.5m against liabilities of $380k, net assets of $1.1m.