Grow Arizona

Analysis

Grow Arizona is a registered charity in United States, based in Joseph City, AZ. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Grow Arizona reported income of $85k and spending of $54k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $85k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 68% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Grow Arizona sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within AZ. Charities of a similar size with the same main cause include Faith Foundation Resources ($85k), Detroit Community Solutions Incorporated ($85k) and Gnemsdc Massachusetts Advisors Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.