Grow and Learn CDC Incorporated

Analysis

Grow and Learn CDC Incorporated is a registered charity in United States, based in Berea, KY. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grow and Learn CDC Incorporated reported income of $2.2m and spending of $2.3m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $862k to $2.2m (+152%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grow and Learn CDC Incorporated sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within KY. Charities of a similar size with the same main cause include Mariposa Language and Learning Academy ($2.2m), Jefferson Foundation ($2.2m) and Tri-Cities Prep-A Catholic High School Under Patronage of St Thoma ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $741k (32% of expenses). At year end it held assets of $399k against liabilities of $0, net assets of $399k. It reported 10 employees.