Cornucopia Project

Analysis

Cornucopia Project is a registered charity in United States, based in Peterborough, NH. It received its IRS tax-exemption ruling in July 2008, 18 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 Project reported income of $370k and spending of $364k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $305k to $370k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cornucopia Project sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within NH. Charities of a similar size with the same main cause include Building on Direction ($370k), International House Philadelphia Inc ($370k) and New Mt Zion Human Services Inc ($369k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $71k (19% of expenses). Other salaries and wages came to $168k. At year end it held assets of $346k against liabilities of $40k, net assets of $306k. It reported 13 employees.