Growth
Growth consistently spends nearly all revenue on expenses while assets decline and liabilities remain high.
EIN: 200962371 · Summerville, SC · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13.6M |
| Total Expenses | $4.8M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $111K |
| Transparency Score | 65/100 |
Is Growth Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Growth directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Growth
Growth (EIN: 200962371) is a nonprofit organization based in Summerville, SC, classified under NTEE code B11. The organization reported total revenue of $13.6M and total assets of $91.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Growth's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Growth is a large nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $4.8M |
| Surplus / Deficit | +$3K |
| Total Assets | $91.7M |
| Total Liabilities | $91.5M |
| Net Assets | $111K |
| Operating Margin | 0.1% |
| Debt-to-Asset Ratio | 99.9% |
| Months of Reserves | 230.1 months |
Financial Health Grade: A
In 2023, Growth reported a surplus of $3K with revenue exceeding expenses, holds 230.1 months of operating reserves (strong position), has a debt-to-asset ratio of 99.9% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Growth's revenue has declined at a compound annual growth rate (CAGR) of -4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.3% | -2.3% | -9.3% |
| 2022 | -7.5% | -8.6% | -8.5% |
| 2021 | -7.4% | -6.3% | -7.5% |
| 2020 | -5.2% | -5.1% | -6.7% |
| 2019 | +7.2% | +7.2% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Growth with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Growth allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 99.9%.
Executive Compensation Analysis
Growth consistently reports 0% officer compensation across all 14 filings, which is highly unusual for an organization with over $4 million in annual revenue and significant assets. This suggests either a fully volunteer-led executive team or that compensation is structured and reported in a way that does not appear in the standard officer compensation section of the 990, potentially impacting transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Growth's IRS 990 filings:
- Consistent decline in total assets over the past decade (from $142.6M in 2014 to $91.6M in 2023).
- High liabilities consistently mirroring assets, suggesting potential reliance on debt or specific asset-backed financing.
- 0% reported officer compensation across all 14 filings, which is highly unusual for an organization of this scale and could indicate a lack of transparency in executive remuneration.
Strengths
The following positive indicators were identified for Growth:
- Consistent filing of IRS Form 990s, indicating adherence to regulatory transparency requirements.
- Expenses closely track revenue, suggesting effective day-to-day financial management and avoiding significant deficits.
- Stable revenue generation over the past several years, generally staying above $4.7 million annually.
Frequently Asked Questions about Growth
Is Growth a legitimate charity?
Based on AI analysis of IRS 990 filings, Growth (EIN: 200962371) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Growth spend its money?
Growth directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Growth tax-deductible?
Growth is registered as a tax-exempt nonprofit (EIN: 200962371). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Growth CEO make?
Growth's highest-compensated officer earns $4 annually. The organization reported $13.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Growth's spending goes to programs?
Growth directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Growth compare to similar nonprofits?
With a transparency score of 65/100 (Good), Growth is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Growth located?
Growth is headquartered in Summerville, South Carolina and files with the IRS under EIN 200962371. It is classified under NTEE code B11.
How many years of IRS 990 filings does Growth have?
Growth has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $13.6M in total revenue.
Why have Growth's assets decreased from $142,620,000 in 2014 to $91,659,422 in 2023?
The filings show a consistent year-over-year decline in total assets, often accompanied by a proportional decrease in liabilities. This trend requires further investigation to understand if it's due to asset divestment, depreciation, or other financial strategies.
How does Growth manage to operate with 0% reported officer compensation?
The consistent reporting of zero officer compensation across all filings is highly unusual for an organization of this size. It suggests either a volunteer-based executive leadership or that compensation is categorized differently within the 990, which could impact transparency.
What is the detailed breakdown of Growth's expenses into program, administrative, and fundraising categories?
The provided data only shows total expenses. A detailed functional expense breakdown is necessary to accurately assess the organization's spending efficiency and the proportion of funds directly allocated to its mission.
Filing History
IRS 990 filing history for Growth showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Growth's revenue has declined by 42.4%, moving from $8.3M to $4.8M. Total assets decreased by 43.7% over the same period, from $162.9M to $91.7M. Total functional expenses fell by 42.4%, from $8.3M to $4.8M. In its most recent filing year (2023), Growth reported a surplus of $3K, with revenue exceeding expenses. The organization holds $91.5M in liabilities against $91.7M in assets (debt-to-asset ratio: 99.9%), resulting in net assets of $111K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $4.8M | $91.7M | $91.5M | — | — |
| 2022 | $4.9M | $4.9M | $101.1M | $101.1M | — | View 990 |
| 2021 | $5.3M | $5.4M | $110.5M | $110.5M | — | View 990 |
| 2020 | $5.7M | $5.7M | $119.5M | $119.4M | — | View 990 |
| 2019 | $6.0M | $6.0M | $128.0M | $128.0M | — | View 990 |
| 2018 | $5.6M | $5.6M | $126.0M | $126.0M | — | View 990 |
| 2017 | $5.7M | $5.7M | $130.1M | $130.1M | — | View 990 |
| 2016 | $6.0M | $6.0M | $133.6M | $133.6M | — | View 990 |
| 2015 | $5.6M | $5.6M | $136.2M | $136.2M | — | View 990 |
| 2014 | $6.1M | $6.1M | $142.6M | $142.6M | — | View 990 |
| 2013 | $9.1M | $9.1M | $143.6M | $143.6M | — | View 990 |
| 2012 | $8.3M | $8.3M | $161.7M | $161.7M | — | View 990 |
| 2011 | $8.3M | $8.3M | $162.6M | $162.6M | — | View 990 |
| 2010 | $8.3M | $8.3M | $162.9M | $162.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $4.8M, and assets of $91.7M (revenue -2.3% year-over-year).
- 2022: Revenue of $4.9M, expenses of $4.9M, and assets of $101.1M (revenue -7.5% year-over-year).
- 2021: Revenue of $5.3M, expenses of $5.4M, and assets of $110.5M (revenue -7.4% year-over-year).
- 2020: Revenue of $5.7M, expenses of $5.7M, and assets of $119.5M (revenue -5.2% year-over-year).
- 2019: Revenue of $6.0M, expenses of $6.0M, and assets of $128.0M (revenue +7.2% year-over-year).
- 2018: Revenue of $5.6M, expenses of $5.6M, and assets of $126.0M (revenue -1.3% year-over-year).
- 2017: Revenue of $5.7M, expenses of $5.7M, and assets of $130.1M (revenue -4.3% year-over-year).
- 2016: Revenue of $6.0M, expenses of $6.0M, and assets of $133.6M (revenue +5.7% year-over-year).
- 2015: Revenue of $5.6M, expenses of $5.6M, and assets of $136.2M (revenue -7.9% year-over-year).
- 2014: Revenue of $6.1M, expenses of $6.1M, and assets of $142.6M (revenue -32.6% year-over-year).
- 2013: Revenue of $9.1M, expenses of $9.1M, and assets of $143.6M (revenue +9.7% year-over-year).
- 2012: Revenue of $8.3M, expenses of $8.3M, and assets of $161.7M (revenue -0.2% year-over-year).
- 2011: Revenue of $8.3M, expenses of $8.3M, and assets of $162.6M (revenue -0.3% year-over-year).
- 2010: Revenue of $8.3M, expenses of $8.3M, and assets of $162.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Growth:
Data Sources and Methodology
This transparency report for Growth is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.