Goldberg Charitable Corporation to Improve the Food System Inc

Analysis

Goldberg Charitable Corporation to Improve the Food System Inc is a registered charity in United States, based in Wellesley, MA. It received its IRS tax-exemption ruling in December 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, Goldberg Charitable Corporation to Improve the Food System Inc reported income of $181k and spending of $2.4m, spending 1327% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $106k to $181k (+71%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 3189%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Goldberg Charitable Corporation to Improve the Food System Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include Genesis Community Development Center Inc ($181k), Narratives QC Inc NFP ($181k) and Man Up Club ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $60k in professional fundraising fees. At year end it held assets of $339k against liabilities of $4,400, net assets of $334k.