Nourishmke Inc

Analysis

Nourishmke Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in July 1993, 33 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, Nourishmke Inc reported income of $3.2m and spending of $2.7m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $3.2m (+47%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nourishmke Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include Mak Community Enrichment Services ($3.2m), Food Well Alliance Inc ($3.2m) and Ig Family Foundation Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $60k (2.2% of expenses). Other salaries and wages came to $217k. At year end it held assets of $2.0m against liabilities of $26k, net assets of $2.0m. It reported 6 employees.