Belmont Food Collaborative Inc

Analysis

Belmont Food Collaborative Inc is a registered charity in United States, based in Belmont, MA. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Belmont Food Collaborative Inc reported income of $114k and spending of $113k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $114k (+11%), an average of +11% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Belmont Food Collaborative Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include Homeschooler Education Network Inc ($114k), Parent Booster USA Inc ($114k) and Princeton Club of Chicago ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 42% of the total. At year end it held assets of $61k against liabilities of $830, net assets of $61k.