Growinggreat

Analysis

Growinggreat is a registered charity in United States, based in Manhattan Beach, CA. It received its IRS tax-exemption ruling in June 2006, 20 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, Growinggreat reported income of $537k and spending of $514k, spending 96% of its income. Across the 4 years on record, from July 2020 to July 2024, income grew from $458k to $537k (+17%), an average of +5.5% a year. The sharpest change came in the year to July 2024, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Growinggreat sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Integro Foundation Inc ($537k), Quenched ($537k) and Loretto Child Care Center Inc ($537k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $367k. At year end it held assets of $408k against liabilities of $1,697, net assets of $407k. It reported 7 employees.