Growing Communities Inc

Analysis

Growing Communities Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Growing Communities Inc reported income of $254k and spending of $1.9m, spending 735% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $4.1m to $254k (-94%), an average of -94% a year. The sharpest change came in the year to December 2023, when income dropped by 94%. Over the whole period it spent 75% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Growing Communities Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Theilman Sportsmans Club Inc ($254k), Izaak Walton League of America Inc ($254k) and Grosse Pointe Farms Foundation ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $148k (7.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.2m against liabilities of $71k, net assets of $1.1m. It reported 23 employees.