Melting Pot Foundation USA Inc

Analysis

Melting Pot Foundation USA Inc is a registered charity in United States, based in Clifton, NJ. It received its IRS tax-exemption ruling in April 2016, 10 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, Melting Pot Foundation USA Inc reported income of $1.0m and spending of $1.1m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $955k to $1.0m (+5.6%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income dropped by 36%. Over the whole period it spent 132% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Melting Pot Foundation USA 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 82nd percentile within NJ. Charities of a similar size with the same main cause include Tel Hai Development Inc ($1.0m), 4word ($1.0m) and Afghan Cultural Society ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 5.4% of the total. Other salaries and wages came to $489k. At year end it held assets of $1.1m against liabilities of $1.4m, net assets of -$354k. It reported 12 employees.