Quick charity verification for The Growhaus (EIN: 203533527)
Verdict: The Growhaus appears trustworthy
90/100Mission Score
$3.3MRevenue
$4.3MAssets
2Red Flags
5Strengths
Red Flags
Unusually low reported liabilities relative to assets, which could indicate aggressive accounting or a very conservative financial strategy.
0% reported officer compensation for an organization with over $3 million in revenue, which is highly atypical and may obscure how leadership is compensated or structured.
Strengths
Consistent and strong revenue growth, increasing from $669,418 in 2015 to $3,517,442 in 2024.
Healthy asset accumulation, reaching $4,372,716 in the latest filing, demonstrating financial stability.
Consistently low liabilities relative to assets, indicating strong financial health and minimal debt burden.
Operating with a surplus in most recent years (e.g., $3,517,442 revenue vs. $3,186,558 expenses in 2024), showing effective financial management.
No reported officer compensation, suggesting a strong commitment to directing funds towards the mission or a unique leadership compensation structure.
Spending Breakdown
How The Growhaus allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about The Growhaus
Is The Growhaus a legitimate charity?
Based on AI analysis of IRS 990 filings, The Growhaus (EIN: 203533527) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is The Growhaus a good charity to donate to?
The Growhaus has a Mission Score of 90/100. Revenue: $3.3M. Assets: $4.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Growhaus?
The Employer Identification Number (EIN) for The Growhaus is 203533527. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does The Growhaus spend its money?
The Growhaus allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Growhaus's tax-exempt status?
You can verify The Growhaus's tax-exempt status using EIN 203533527 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Growhaus demonstrates a strong and consistent financial growth trajectory, with revenue increasing from $669,418 in 2015 to $3,517,442 in 2024. This growth is accompanied by a healthy accumulation of assets, reaching $4,372,716 in the latest filing period, significantly outpacing liabilities which stood at $373,446. The organization consistently operates with a surplus, as evidenced by revenues exceeding expenses in most recent years, indicating sound financial management and sustainability. The absence of reported officer compensation across all available filings suggests a high degree of financial transparency and a commitment to directing resources towards its mission, rather than executive salaries.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health appears robust. The consistent growth in revenue and assets, coupled with low liabilities, positions The Growhaus well for continued impact. The lack of reported officer compensation is a notable positive indicator for donor confidence regarding resource allocation. Further analysis of detailed expense categories from the full 990 forms would provide a more granular understanding of spending efficiency, but the high-level data suggests a well-managed and growing organization.