Producegood

Analysis

Producegood is a registered charity in United States, based in Encinitas, CA. It received its IRS tax-exemption ruling in April 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 (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, Producegood reported income of $726k and spending of $650k, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $796k to $726k (-8.8%), an average of -3.0% a year. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Producegood sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include San Francisco Fire Fighters Toy Program ($726k), Ely Area Ambulance Service ($726k) and Tralee Crisis Center for Women Inc ($726k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $137k (21% of expenses). Other salaries and wages came to $148k. At year end it held assets of $558k against liabilities of $1,931, net assets of $556k. It reported 6 employees.