Garden 58

Analysis

Garden 58 is a registered charity in United States, based in Andrews, NC. It received its IRS tax-exemption ruling in March 2022, 4 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 April 2024, Garden 58 reported income of $185k and spending of $75k, leaving 60% of income unspent that year. Across the 2 years on record, from April 2023 to April 2024, income grew from $71k to $185k (+161%), an average of +161% a year. The sharpest change came in the year to April 2024, when income rose by 161%. Over the whole period it spent 41% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Garden 58 sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include Ebby Halliday Foundation ($185k), Towers of Excellence ($185k) and Freedmen Heirs Foundation Inc ($185k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $158k against liabilities of $350, net assets of $158k.