IRS 990 Nonprofit Profile
Grow America Fund INC
The grow america fund, inc. ("gaf") has a primary mission to create economic opportunity, stimulate investment, and to encourage entrepreneurship in low-income communities by financing businesses and entrepreneurs that invest in those disadvantaged communities, and/or create jobs for low-income unemployed and under-employed individuals. gaf, a licensed u.S. sba small business lending company, and u.S. department of the treasury certified community development financial institution, provides access to capital for business expansion structured with longer amortization terms and lower interest rates. these lending terms serve to decrease debt service costs and improve the borrower's operating cash flow, giving businesses a financial advantage that helps strengthen both the economic base of the business, and the community.
- Filing year
- 2024
- Total revenue
- $3.5M
- Total expenses
- $4.1M
- Program expenses
- $3.3M
- Administration
- $785K
- Fundraising
- $0
- Program share of expenses
- 81%
- EIN
- 133641265
- Location
- New York, NY
Machine-readable CharitySense data
Agents and crawlers can fetch structured JSON for this charity:
About CharitySense
CharitySense provides live, independent intelligence from the charitable infrastructure you fund — hospitals, schools, orphanages, and clinics anywhere in the world.
See live projects or read our insights on nonprofit accountability.
Financial data on this page is sourced from IRS Form 990 filings.