Grow Your World

Analysis

Grow Your World is a registered charity in United States, based in Carrboro, NC. It received its IRS tax-exemption ruling in May 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grow Your World reported income of $155k and spending of $226k, spending 146% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $46k to $155k (+236%), an average of +83% a year. The sharpest change came in the year to December 2022, when income rose by 178%. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Grow Your World sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Black Girl Magic Educational Services Inc ($155k), Bartow Family Foundation ($155k) and Essex County Cops for Kids ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $15k against liabilities of $25k, net assets of -$9,908.