Grow Some Good
Analysis
Grow Some Good is a registered charity in United States, based in Wailuku, HI. It received its IRS tax-exemption ruling in February 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 July 2024, Grow Some Good reported income of $745k and spending of $707k, spending 95% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $390k to $745k (+91%), an average of +18% a year. The sharpest change came in the year to July 2022, when income rose by 138%. Over the whole period it spent 85% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grow Some Good sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within HI. Charities of a similar size with the same main cause include Centro de Cuidado Diurno Mundo Infantl Inc ($745k), Christian Center of Pittsfield Inc ($745k) and Karma Box Project ($745k).
On its Form 990 for the period ending July 2024, revenue came from contributions and grants 75% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $83k (12% of expenses). Other salaries and wages came to $348k. At year end it held assets of $593k against liabilities of $133k, net assets of $460k. It reported 20 employees.
Income and spending
Where the income comes from
- Contributions & grants 75%
- Program services 23%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Centro de Cuidado Diurno Mundo Infantl Inc | Mayaguez | $745k |
| Christian Center of Pittsfield Inc | Pittsfield | $745k |
| Karma Box Project | Reno | $745k |
| Now I Lay Me Down to Sleep | Littleton | $745k |