Growing Real Opportunities to Work-Harvest of Urban Business Inc

Analysis

Growing Real Opportunities to Work-Harvest of Urban Business Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover employment, which this site groups under community and economic 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 2023, Growing Real Opportunities to Work-Harvest of Urban Business Inc reported income of $259k and spending of $319k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $50k to $259k (+421%), an average of +51% a year. The sharpest change came in the year to December 2020, when income rose by 115%. Over the whole period it spent 116% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Growing Real Opportunities to Work-Harvest of Urban Business Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Community Happens Here Inc ($259k), Pennsylvania State Association of County Fairs ($259k) and Just Economics ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $153k. At year end it held assets of $80k against liabilities of $700, net assets of $80k. It reported 21 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.