Grow Further Club

Analysis

Grow Further Club is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Grow Further Club reported income of $470k and spending of $432k, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $147k to $470k (+219%), an average of +47% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grow Further Club sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within WA. Charities of a similar size with the same main cause include Anewamerica Community Corporation ($470k), Angels Nest TLP ($470k) and Vanderburgh County Fair Association Inc ($470k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $159k. It paid $27k in professional fundraising fees. At year end it held assets of $323k against liabilities of $886, net assets of $322k. It reported 3 employees.