Charity Search / GROWING HOPE FOUNDATION
Food, Agriculture & Nutrition (K25) 990 on File

GROWING HOPE FOUNDATION

EIN: 27-0523799 · ALBERT LEA, MN 56007-6336 · United States · FY 2023 Data
3 out of 5 44 / 100 Based on 2+ years of filings
Financial strength (30%) 76/100
Reliability (20%) 40/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2023
$84K
Total Revenue
$94K
Total Expenses
$878K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 88.8%
Fundraising Efficiency N/A
Operating Reserve 111.69x
Liability-to-Asset 0.0%
Revenue Diversification 68.2%
Executive Compensation $43K
Compared with Peers
FY 2023
Compared with 2,196 similar organizations (United States, Food, Agriculture & Nutrition, under $100K in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
88.8% 88.4%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
111.7 mo 19.3 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
68.2% 100.0%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-30.0% 0.6%
P10P90
Expense growth
Year over year expense growth
-5.0% 5.5%
P10P90
Surplus margin
Surplus as a share of revenue
-12.6% 10.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $84K $94K $878K 88.8% —
2022 $120K $99K $692K 85.7% —
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Organization Details
EIN
27-0523799
State
MN
City
ALBERT LEA
ZIP
56007-6336
Classification
K25
Category
Food, Agriculture & Nutrition
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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