Growe Foundation

Analysis

Growe Foundation is a registered charity in United States, based in Louisville, CO. It received its IRS tax-exemption ruling in June 2000, 26 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 July 2024, Growe Foundation reported income of $195k and spending of $212k, spending 109% of what it took in. Across the 3 years on record, from July 2022 to July 2024, income fell from $251k to $195k (-22%), an average of -12% a year. The sharpest change came in the year to July 2024, when income dropped by 16%. Over the whole period it spent 106% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Growe Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within CO. Charities of a similar size with the same main cause include San Dieguito Youth Softball ($194k), Guadalupe County Youth Livestock & Homemakers ($195k) and Mindful Littles ($194k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 57% and program service revenue 11% of the total. Other salaries and wages came to $173k. At year end it held assets of $69k against liabilities of $2,109, net assets of $67k. It reported 11 employees.