Kearsarge Food Hub

Analysis

Kearsarge Food Hub is a registered charity in United States, based in Bradford, NH. It received its IRS tax-exemption ruling in January 2018, 8 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, Kearsarge Food Hub reported income of $1.1m and spending of $700k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $1.1m (+328%), an average of +44% a year. The sharpest change came in the year to December 2020, when income rose by 81%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kearsarge Food Hub sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within NH. Charities of a similar size with the same main cause include Community Living and Supportive Services ($1.1m), Country Care Center Corporation ($1.1m) and Ferris Christian Academy ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $101k (14% of expenses). Other salaries and wages came to $128. At year end it held assets of $782k against liabilities of $62k, net assets of $720k. It reported 34 employees.