Nourish Up

Analysis

Nourish Up is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in January 1985, 41 years ago. Its declared purposes cover human services, 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 September 2023, Nourish Up reported income of $19.9m and spending of $8.5m, leaving 57% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.2m to $19.9m (+368%), an average of +47% a year. The sharpest change came in the year to September 2020, when income rose by 124%. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nourish Up sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NC. Charities of a similar size with the same main cause include Wesley Community Services Inc ($19.9m), Peninsula Family Service ($19.9m) and Gods Love Outreach Ministries ($19.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $180k (2.1% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $43.6m against liabilities of $7.8m, net assets of $35.9m. It reported 57 employees.