Grow Greater Englewood Inc

Analysis

Grow Greater Englewood Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2017, 9 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, Grow Greater Englewood Inc reported income of $5.4m and spending of $4.3m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $285k to $5.4m (+1800%), an average of +109% a year. The sharpest change came in the year to December 2022, when income rose by 294%. Over the whole period it spent 45% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grow Greater Englewood Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Outpost Centers International ($5.4m), Alliance of Community Assistance Ministries Inc ($5.4m) and 5cities Homeless Coalition ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $10.8m against liabilities of $36k, net assets of $10.8m. It reported 14 employees.