Positive Growth Inc
Analysis
Positive Growth Inc is a registered charity in United States, based in Clarkston, GA. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Positive Growth Inc reported income of $3.0m and spending of $3.0m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $3.0m (+0.7%), an average of +0.2% a year. The sharpest change came in the year to December 2020, when income rose by 18%. Over the whole period it spent 88% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Positive Growth Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Thesend ($2.9m), Hillel the Foundation for Jewish Campus Life ($3.0m) and Limudei Da As Inc ($2.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $273k (9.2% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $3.4m against liabilities of $1.1m, net assets of $2.3m. It reported 44 employees.
Income and spending
Where the income comes from
- Contributions & grants 35%
- Program services 65%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Thesend | Huntingtn BCH | $2.9m |
| Hillel the Foundation for Jewish Campus Life | Madison | $3.0m |
| Limudei Da As Inc | Monsey | $2.9m |
| Almaghrib Institute Inc | Houston | $3.0m |