Reducetarian Foundation Inc

Analysis

Reducetarian Foundation Inc is a registered charity in United States, based in Los Angeles, 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reducetarian Foundation Inc reported income of $993k and spending of $814k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $722k to $993k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reducetarian Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Harmony Community Cares NFP ($993k), Craig County Youth and Community Services ($993k) and Childrens Village Foundation Inc ($993k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $120k (15% of expenses). At year end it held assets of $2.3m against liabilities of $120k, net assets of $2.2m. It reported 1 employees.