Giggle and Grow

Analysis

Giggle and Grow is a registered charity in United States, based in Wayne, NJ. It received its IRS tax-exemption ruling in September 2012, 14 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, Giggle and Grow reported income of $987k and spending of $1.1m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $617k to $987k (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 76%. 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, Giggle and Grow sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Boulware Mission Inc ($987k), Foster Source ($987k) and Transgender Advocates for Justice and Accountability Tajas Coalition ($987k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. Other salaries and wages came to $749k. At year end it held assets of $275k against liabilities of $87k, net assets of $188k. It reported 44 employees.