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Positive Growth Inc

RegisteredEIN 58-2299589Clarkston, GAReligion
Income$3.0m2023-12
Spending$3.0msame year
Spent / received88%5-year average
Size in its cause97th pctReligion
Exempt since1998Publicly supported organisat
Employees44latest return

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

$0$864k$1.7m$2.6m$3.5m2019 Income: $2,931,5492019 Spending: $2,594,85320192020 Income: $3,457,0952020 Spending: $2,792,63920202021 Income: $3,242,3262021 Spending: $2,715,40620212022 Income: $3,272,1682022 Spending: $2,846,69620222023 Income: $2,952,9082023 Spending: $2,970,1452023
IncomeSpending

Where the income comes from

  • Contributions & grants 35%
  • Program services 65%

Similar-sized charities, same cause

CharityLocationIncome
ThesendHuntingtn BCH$2.9m
Hillel the Foundation for Jewish Campus LifeMadison$3.0m
Limudei Da As IncMonsey$2.9m
Almaghrib Institute IncHouston$3.0m