Good Neighbor Cupboard

Analysis

Good Neighbor Cupboard is a registered charity in United States, based in Anderson, SC. It received its IRS tax-exemption ruling in March 2024, 2 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 June 2024, Good Neighbor Cupboard reported income of $502k and spending of $501k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $170k to $502k (+195%), an average of +31% a year. The sharpest change came in the year to June 2024, when income rose by 135%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good Neighbor Cupboard sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within SC. Charities of a similar size with the same main cause include Berkshires Bounty Inc ($502k), Animal Services Foundation of Ventura County ($502k) and National Institute for Animal Agriculture Inc ($502k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $8,150 (1.6% of expenses). At year end it held assets of $87k against liabilities of $0, net assets of $87k. It reported 5 employees.