Gro Community
Analysis
Gro Community is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2022, Gro Community reported income of $5.5m and spending of $5.4m, spending 99% of its income. Across the 5 years on record, from December 2017 to December 2022, income grew from $280k to $5.5m (+1875%), an average of +111% a year. The sharpest change came in the year to December 2021, when income rose by 355%. Over the whole period it spent 89% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Gro Community 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 93rd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Girl Scouts of the Green and White Mountains ($5.5m), Institute for Applied Tinkering ($5.5m) and Youth for Tomorrow Foundation ($5.5m).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $88k (1.6% of expenses). Other salaries and wages came to $859k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 34 employees.
Income and spending
Where the income comes from
- Contributions & grants 11%
- Program services 89%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Girl Scouts of the Green and White Mountains | Bedford | $5.5m |
| Institute for Applied Tinkering | San Francisco | $5.5m |
| Youth for Tomorrow Foundation | Bristow | $5.5m |
| Childrens Funding Project | Washington | $5.6m |