The Urban Food Initiative Inc

Analysis

The Urban Food Initiative Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in December 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, The Urban Food Initiative Inc reported income of $4.2m and spending of $6.2m, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $4.2m (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Urban Food Initiative Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include People Against a Violent Environment Incorporated ($4.2m), Prescott YMCA of Yavapai County ($4.2m) and Chinese Consolidated Benevolent Association of New England ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $247k (4.0% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $10.1m against liabilities of $8.9m, net assets of $1.2m. It reported 176 employees.