Growing Together

Analysis

Growing Together is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover human services, 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 June 2023, Growing Together reported income of $3.5m and spending of $2.4m, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $638k to $3.5m (+442%), an average of +53% a year. The sharpest change came in the year to June 2021, when income rose by 457%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Growing Together sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within OK. Charities of a similar size with the same main cause include Missouri Community Action Network ($3.5m), Lee & Beulah Moor Childrens Home ($3.5m) and American Society on Aging ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $299k (12% of expenses). Other salaries and wages came to $622k. At year end it held assets of $4.1m against liabilities of $1.0m, net assets of $3.0m. It reported 22 employees.