PHuman ServicesEIN: 382036653· Ruling Year: 1971

Growth Works Inc

Plymouth, Michigan

A-Health Score
81A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.16×
Peer Median7.39×
💰
$16.2M
Total Revenue
📊
$11.6M
Total Expenses
🏦
$25.0M
Net Assets
📋
$389K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.4%
Year-over-year change (2022 → 2023)
Net Margin
+28.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.16
Net assets divided by total expenses
Liabilities-to-Assets
1.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$16,246,89616%$11,569,5576%$25,372,73427%
2022$13,962,3339%$10,924,2413%$19,933,66112%
2021$15,288,6324%$11,255,94719%$17,849,96519%
2020$15,975,298$13,884,834$15,043,46820%
2019$16,004,83713%$13,920,1305%$12,487,33522%
2018$14,215,7401%$13,209,6644%$10,232,73813%
2017$14,315,7807%$12,717,9511%$9,079,84221%
2016$13,440,72610%$12,531,7687%$7,515,77220%
2015$12,215,58145%$11,726,10762%$6,274,57212%
2014$8,444,42630%$7,221,00934%$5,621,89527%
2013$12,009,17310%$10,978,03416%$4,433,7592%
2012$13,378,8381%$13,105,0334%$4,337,05322%
2011$13,236,676$12,546,663$3,561,349

Frequently Asked Questions

What does Growth Works Inc do?

Growth Works Inc is a human services nonprofit organization based in Michigan. It is classified under NTEE code P300 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Growth Works Inc financially healthy?

Based on our 9-metric Financial Health Score model, Growth Works Inc has a score of 81/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Growth Works Inc generate?

Growth Works Inc reports $16.3M in annual revenue and holds $33.8M in total assets, based on IRS filings.

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Growth Works Inc — Plymouth, MI | GiveScope