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Food Rescue US Inc

RegisteredEIN 27-4486556Stamford, CTPoverty relief
Income$75.0m2023-12
Spending$75.3msame year
Spent / received100%5-year average
Size in its cause99th pctPoverty relief
Exempt since2011Publicly supported organisat
Employees16latest return

Analysis

Food Rescue US Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in April 2011, 15 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, Food Rescue US Inc reported income of $75.0m and spending of $75.3m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.6m to $75.0m (+382%), an average of +48% a year. The sharpest change came in the year to December 2020, when income rose by 171%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food Rescue US Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CT. Charities of a similar size with the same main cause include Catholic Charities of the Roman Catholic Diocese of Syracuse Ny ($74.7m), Midland Care Connection Inc ($75.1m) and The Bridge Inc ($74.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $858k. At year end it held assets of $1.0m against liabilities of $49k, net assets of $966k. It reported 16 employees.

Income and spending

$0$18.8m$37.6m$56.5m$75.3m2019 Income: $15,564,1072019 Spending: $15,374,13720192020 Income: $42,153,1822020 Spending: $41,599,81920202021 Income: $59,889,1792021 Spending: $59,768,90920212022 Income: $63,924,6182022 Spending: $63,640,93620222023 Income: $75,009,3742023 Spending: $75,296,9272023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Catholic Charities of the Roman Catholic Diocese of Syracuse NySyracuse$74.7m
Midland Care Connection IncTopeka$75.1m
The Bridge IncNew York$74.5m
Moore Center Services IncManchester$75.3m