Growing Hope Gardens

Analysis

Growing Hope Gardens is a registered charity in United States, based in Topanga, CA. It received its IRS tax-exemption ruling in January 2020, 6 years ago. 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 Hope Gardens reported income of $158k and spending of $190k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $158k (+69%), an average of +69% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 130% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Growing Hope Gardens sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include St Marys Parents Group Inc ($158k), Newton Firefighters Childrens Fund ($158k) and Northpoint Cooperative Preschool ($158k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $33k against liabilities of $443, net assets of $33k.