Good Grocer

Analysis

Good Grocer is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 2012, 14 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, Good Grocer reported income of $2.2m and spending of $1.6m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $139k to $2.2m (+1451%), an average of +98% a year. The sharpest change came in the year to December 2020, when income rose by 235%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good Grocer 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 86th percentile within MN. Charities of a similar size with the same main cause include Weston a Price Foundation ($2.2m), Illinois Valley YMCA ($2.2m) and Womens Resource Center of the New River Valley ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $93k (5.7% of expenses). Other salaries and wages came to $130k. At year end it held assets of $3.4m against liabilities of $1.9m, net assets of $1.5m. It reported 10 employees.