Growing Forward Together

Analysis

Growing Forward Together is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Growing Forward Together reported income of $305k and spending of $265k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $305k (+181%), an average of +181% a year. The sharpest change came in the year to December 2023, when income rose by 181%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Growing Forward Together sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Veterans Fishing Adventure ($305k), Kids Mobility Network Inc ($306k) and Montgomery County Muslim Foundation Inc ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $24k (9.1% of expenses). Other salaries and wages came to $41k. At year end it held assets of $100k against liabilities of $32k, net assets of $68k. It reported 3 employees.