Center for Growth and Opportunity

Analysis

Center for Growth and Opportunity is a registered charity in United States, based in Logan, UT. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Center for Growth and Opportunity reported income of $7.2m and spending of $7.5m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.5m to $7.2m (+30%), an average of +6.9% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Center for Growth and Opportunity sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within UT. Charities of a similar size with the same main cause include Village Health Works ($7.2m), Endowment of the United States Institute of Peace Incorporated ($7.2m) and Waterequity Inc ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1.8m (24% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.1m against liabilities of $536k, net assets of $3.6m. It reported 49 employees.