Project Grows

Analysis

Project Grows is a registered charity in United States, based in Staunton, VA. It received its IRS tax-exemption ruling in April 2016, 10 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 December 2023, Project Grows reported income of $560k and spending of $567k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $289k to $560k (+94%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Grows sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Family Life Center of New Braunfels ($560k), The Giving Tree Oc Inc ($560k) and Sadananda Inc ($560k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $64k (11% of expenses). Other salaries and wages came to $282k. At year end it held assets of $499k against liabilities of $38k, net assets of $461k. It reported 22 employees.