Cornucopia Services

Analysis

Cornucopia Services is a registered charity in United States, based in Signal Hill, CA. It received its IRS tax-exemption ruling in September 2004, 22 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cornucopia Services reported income of $2.3m and spending of $1.6m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $899k to $2.3m (+157%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 860%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cornucopia Services sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Marizetta Kerry Child Development Center Inc ($2.3m), Common Ground Collective ($2.3m) and P a T H Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Other salaries and wages came to $805k. At year end it held assets of $17.1m against liabilities of $5.0m, net assets of $12.1m. It reported 56 employees.