Cape Henlopen Food Basket

Analysis

Cape Henlopen Food Basket is a registered charity in United States, based in Rehoboth BCH, DE. It received its IRS tax-exemption ruling in January 2003, 23 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, Cape Henlopen Food Basket reported income of $177k and spending of $51k, leaving 71% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $135k to $177k (+31%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 37% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cape Henlopen Food Basket sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 46th percentile within DE. Charities of a similar size with the same main cause include Here for You Foundation Inc ($177k), Family Cancer Network Inc ($177k) and Manna for Many - an Anabaptist Mission ($177k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $177k against liabilities of $0, net assets of $177k.