Sprout Up

Analysis

Sprout Up is a registered charity in United States, based in Homestead, FL. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Sprout Up reported income of $64k and spending of $37k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $8,686 to $64k (+637%), an average of +637% a year. The sharpest change came in the year to December 2023, when income rose by 637%. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sprout Up sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 29th percentile within FL. Charities of a similar size with the same main cause include Itncentral Oklahoma ($64k), True North Ministries Inc ($64k) and Marilyn Murray Ministries Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.