Grow Wellness Foundation NFP

Analysis

Grow Wellness Foundation NFP is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Grow Wellness Foundation NFP reported income of $64k and spending of $23k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $6,000 to $64k (+969%), an average of +969% a year. The sharpest change came in the year to December 2023, when income rose by 969%. Over the whole period it spent 32% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grow Wellness Foundation NFP sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include Gabriel Outreach Inc ($64k), Sotos Syndrome Support Association ($64k) and Alpha Recovery 12-Step Program ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.