Produce Perks Midwest Inc

Analysis

Produce Perks Midwest Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in December 2016, 10 years ago. 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, Produce Perks Midwest Inc reported income of $3.3m and spending of $3.1m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $987k to $3.3m (+232%), an average of +35% a year. The sharpest change came in the year to December 2020, when income rose by 118%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Produce Perks Midwest Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Legal Aid Society of San Bernardino ($3.3m), Solutions for Care ($3.3m) and Steiger International Ltd ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $107k (3.4% of expenses). Other salaries and wages came to $458k. At year end it held assets of $1.7m against liabilities of $598k, net assets of $1.1m. It reported 11 employees.