Boulder Food Rescue

Analysis

Boulder Food Rescue is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in August 2014, 12 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, Boulder Food Rescue reported income of $3.1m and spending of $3.3m, spending 106% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.3m to $3.1m (+34%), an average of +6.0% a year. The sharpest change came in the year to December 2020, when income rose by 38%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boulder Food Rescue 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 CO. Charities of a similar size with the same main cause include Lutheran Church Charities Fund ($3.1m), United Regional Health Care Foundation ($3.1m) and Community Help Center ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $152k (4.6% of expenses). Other salaries and wages came to $381k. At year end it held assets of $1.0m against liabilities of $34k, net assets of $974k. It reported 11 employees.