Grow Local South Texas

Analysis

Grow Local South Texas is a registered charity in United States, based in Corpus Christi, TX. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grow Local South Texas reported income of $333k and spending of $391k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $150k to $333k (+123%), an average of +123% a year. The sharpest change came in the year to December 2023, when income rose by 123%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grow Local South Texas sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Saved by Grace Glynn ($333k), World Wheat Foundation Inc ($333k) and Children and Family Connection of Russell County ($333k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $27k (6.8% of expenses). Other salaries and wages came to $81k. At year end it held assets of $36k against liabilities of $0, net assets of $36k. It reported 14 employees.