Taste Project

Analysis

Taste Project is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in January 2015, 11 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, Taste Project reported income of $2.6m and spending of $1.6m, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $544k to $2.6m (+381%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Taste Project sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Centro C H a Inc ($2.6m), Esperanza Para LA Vejez Inc ($2.6m) and Food on Foot Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $91k (5.8% of expenses). Other salaries and wages came to $422k. At year end it held assets of $2.0m against liabilities of $211k, net assets of $1.7m. It reported 19 employees.