Boulder Food Rescue

Analysis

Boulder Food Rescue is a registered charity in United States, based in Denver, 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 $1.5m and spending of $1.4m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $331k to $1.5m (+360%), an average of +46% a year. The sharpest change came in the year to December 2020, when income rose by 718%. Over the whole period it spent 98% 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 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within CO. Charities of a similar size with the same main cause include Weema International Inc ($1.5m), Community Rightful Center ($1.5m) and Little Angels Learning & Child Care Ctr ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $85k (6.0% of expenses). Other salaries and wages came to $353k. At year end it held assets of $599k against liabilities of $243k, net assets of $356k. It reported 13 employees.