Dignity Grows Inc

Analysis

Dignity Grows Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in October 2020, 6 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, Dignity Grows Inc reported income of $571k and spending of $447k, leaving 22% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $209k to $571k (+173%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 86%. 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, Dignity Grows Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CT. Charities of a similar size with the same main cause include Ossining Food Pantry ($571k), Open Door Pregnancy Center ($571k) and Pregnancy Center of Okeechobee Inc ($571k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $71k (16% of expenses). Other salaries and wages came to $23k. It paid $2,635 in professional fundraising fees. At year end it held assets of $236k against liabilities of $0, net assets of $236k. It reported 3 employees.