Cornucopia Institute Incorporated

Analysis

Cornucopia Institute Incorporated is a registered charity in United States, based in Viroqua, WI. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cornucopia Institute Incorporated reported income of $941k and spending of $1.4m, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $594k to $941k (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 120%. Over the whole period it spent 129% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cornucopia Institute Incorporated sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include Illinois Iowa Center for Independent Living ($941k), Polk County Womens Shelter Inc ($941k) and Out in the Open Inc ($941k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $90k (6.5% of expenses). Other salaries and wages came to $486k. At year end it held assets of $753k against liabilities of $91k, net assets of $662k. It reported 10 employees.