Babys Space - A Place To Grow
Only null% goes to programs Strong reserves Growing revenue
Babys Space - A Place To Grow is a 501(c)(3) organization based in Minneapolis, Minnesota, registered in 2006, with $3,343,270 in FY2023 revenue. CharityIndex grades it B.
2438 18th Ave S, Minneapolis, MN, 55404 EIN 20-4502788 Since 2006
Revenue (FY2023)
$3.3M
▲ 35.5% vs prior year
Human Services median: $293K
Expenses (FY2023)
$2.6M
Net assets
$1.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Babys Space - A Place To Grow— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +23% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Babys Space - A Place To Grow: 9 mo reserves · +23% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Babys Space - A Place To Grow— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Babys Space - A Place To Grow: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 2438 18th Ave S, Minneapolis, MN, 55404
- City
- Minneapolis
- State
- Minnesota
- Category
- Human Services
- Subcategory
- Children & Youth Services
- Website
- …
Financial trends
Revenue grew from $1.7M (FY2013) to $3.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $171KNet assets $1.8M
Operating margin
22.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$171K
Net assets
$1.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,343,270▲35.5% | $2,586,956▲11.5% | $1,841,520▲69.7% | $2,012,818▲68.2% | 990 |
| 2022 | $2,467,484▼2.7% | $2,320,714▲24.8% | $1,085,206▲15.6% | $1,196,757▲18.6% | 990 |
| 2021 | $2,534,695▲40.2% | $1,860,211▲5.9% | $938,436▲256% | $1,009,308▲50.5% | 990 |
| 2020 | $1,808,397▼0.5% | $1,756,437▼11.0% | $263,952▲24.5% | $670,831▲7.8% | 990 |
| 2019 | $1,817,176▼9.4% | $1,972,711▼0.2% | $211,992▼42.3% | $622,469▲43.1% | 990 |
| 2018 | $2,006,736▲12.0% | $1,976,507▲7.4% | $367,527▲9.0% | $434,896▲11.2% | 990 |
| 2017 | $1,792,279▲6.8% | $1,840,193▲3.8% | $337,298▼12.4% | $390,941▼9.8% | 990 |
| 2016 | $1,677,507▲0.1% | $1,773,132▲5.3% | $385,212▼19.9% | $433,615▼23.4% | 990 |
| 2015 | $1,675,256▼21.3% | $1,684,534▼16.2% | $480,837▼1.9% | $566,283▼4.0% | 990 |
| 2014 | $2,128,607▲25.8% | $2,009,657▲11.5% | $490,115▲32.0% | $590,079▲24.6% | 990 |
| 2013 | $1,692,404 | $1,802,895▲19.6% | $371,165▼22.9% | $473,701▼15.2% | 990 |
| 2012 | — | $1,507,146▲10.3% | $481,656▼23.9% | $558,772▼23.5% | 990 |
| 2011 | — | $1,366,928 | $632,634 | $730,510 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $3.5M total
44 grants to Babys Space - A Place To Grow totaling $3.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Minneapolis Foundation | Donor advised, education | 2024 | $67,100 |
| Catholic Community Foundation of Minnesota | Program support | 2023 | $450,000 |
| Greater Twin Cities United Way | Program costs | 2023 | $108,750 |
| Minneapolis Foundation | Donor-advised, education | 2023 | $108,450 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $10,150 |
| Mightycause Charitable Foundation | Unrestricted | 2023 | $7,370 |
| Donor Advised Charitable Giving | Human services | 2023 | $6,000 |
| Greater Twin Cities United Way | Program costs | 2022 | $223,678 |
| Minneapolis Foundation | Donor-recommended, education | 2022 | $53,500 |
| Donor Advised Charitable Giving | Human services | 2022 | $26,000 |
| Saint Paul & Minnesota Foundation | Multiple grants for multiple purposes | 2022 | $22,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $11,500 |
| American Endowment Foundation | Human service | 2022 | $5,000 |
| Greater Twin Cities United Way | Program costs | 2021 | $132,663 |
| Donor Advised Charitable Giving | Human services | 2021 | $33,500 |
Similar organizations in Human Services
Human Services
Intercultural Mutual Assistance Association of Se Minnesota Inc
Rochester, MN
$3.3M
Bannual revenue
Human Services
Model Cities of St Paul Inc
Saint Paul, MN
$3.3M
Bannual revenue
Human Services
Heartland Ranch Inc
Benson, MN
$3.4M
Bannual revenue
Human Services
Steeple Pointe Senior Living Community
Minneapolis, MN
$3.4M
C+annual revenue
Human Services
Black Men Teach
Saint Paul, MN
$3.3M
Bannual revenue
Human Services
Riverview Services Inc
Wanamingo, MN
$3.4M
Bannual revenue
Human Services
Centro Tyrone Guzman
Minneapolis, MN
$3.4M
Bannual revenue
Human Services
Pine River Group Home Inc
Pine River, MN
$3.4M
Bannual revenue
Human Services
Listening House of St Paul Inc
Saint Paul, MN
$3.5M
Bannual revenue
Human Services
Gracelyn Group
Apple Valley, MN
$3.2M
Bannual revenue
Compare Babys Space - A Place To Grow
Frequently asked questions
- Is Babys Space - A Place To Grow a legitimate nonprofit?
- Yes. Babys Space - A Place To Grow is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-4502788, based in Minneapolis, Minnesota. Donations are tax-deductible.
- What is Babys Space - A Place To Grow's EIN?
- Babys Space - A Place To Grow's Employer Identification Number (EIN) is 20-4502788.
- How much revenue does Babys Space - A Place To Grow report?
- Babys Space - A Place To Grow reported $3,343,270 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Babys Space - A Place To Grow have?
- CharityIndex grades Babys Space - A Place To Grow B, based on financial health (reserves and operating margin).
More nonprofits in Minneapolis
Explore more
Data for Babys Space - A Place To Grow (EIN 20-4502788) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.