Power to Grow Inc

Analysis

Power to Grow Inc is a registered charity in United States, based in Port St Lucie, FL. It received its IRS tax-exemption ruling in August 1993, 33 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, Power to Grow Inc reported income of $69k and spending of $21k, leaving 70% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $88k to $69k (-22%), an average of -12% a year. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Power to Grow Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include Kerith Ravine Ministry ($69k), Lowcountry Cares Ministries ($69k) and Katy Hindu Community ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $130k against liabilities of $2,150, net assets of $127k.