Saving Grace Perishable Food Rescue Inc

Analysis

Saving Grace Perishable Food Rescue Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in April 2013, 13 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, Saving Grace Perishable Food Rescue Inc reported income of $2.3m and spending of $2.4m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $2.3m (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2020, when income rose by 33%. 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, Saving Grace Perishable Food Rescue Inc 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 NE. Charities of a similar size with the same main cause include Cornerstone of Hope Inc ($2.3m), Jesus House ($2.3m) and Campbell County Senior Citizens Association Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $210k (8.8% of expenses). Other salaries and wages came to $529k. At year end it held assets of $2.0m against liabilities of $43k, net assets of $1.9m. It reported 17 employees.