Nutrition Plus Inc

Analysis

Nutrition Plus Inc is a registered charity in United States, based in Goldsboro, NC. It received its IRS tax-exemption ruling in May 1990, 36 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 September 2023, Nutrition Plus Inc reported income of $1.4m and spending of $1.4m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $752k to $1.4m (+86%), an average of +17% a year. The sharpest change came in the year to September 2020, when income rose by 41%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nutrition Plus Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Family Promise Montco Pa ($1.4m), Clovis Rodeo Association Foundation ($1.4m) and Gendercool Project ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $170k. At year end it held assets of $127k against liabilities of $101k, net assets of $25k. It reported 7 employees.