Cereals & Grains Association
Analysis
Cereals & Grains Association is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in November 1949, 77 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 March 2023, Cereals & Grains Association reported income of $1.5m and spending of $1.7m, spending 116% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income fell from $1.9m to $1.5m (-23%), an average of -8.2% a year. The sharpest change came in the year to March 2022, when income dropped by 35%. Over the whole period it spent 99% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cereals & Grains Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include PWT United Inc ($1.5m), South King County Food Coalition ($1.5m) and The Jcpenney Foundation ($1.5m).
On its Form 990 for the period ending March 2023, revenue came from contributions and grants 11% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $219k (13% of expenses). At year end it held assets of $2.7m against liabilities of $1.6m, net assets of $1.2m.
Income and spending
Where the income comes from
- Contributions & grants 11%
- Program services 64%
- Other 24%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| PWT United Inc | Sacramento | $1.5m |
| South King County Food Coalition | Des Moines | $1.5m |
| The Jcpenney Foundation | Plano | $1.5m |
| Refugee and Immigrant Services & Education | Joplin | $1.5m |