Interfaith Food Ministry of Nevada County

Analysis

Interfaith Food Ministry of Nevada County is a registered charity in United States, based in Grass Valley, CA. It received its IRS tax-exemption ruling in May 1992, 34 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, Interfaith Food Ministry of Nevada County reported income of $6.1m and spending of $6.3m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $6.1m (+182%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Interfaith Food Ministry of Nevada County sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Salisbury Rowan Community Action Agency Inc ($6.1m), Camp Ohel Inc ($6.1m) and Hospice of Stanly County Inc ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $78k (1.2% of expenses). Other salaries and wages came to $124k. At year end it held assets of $2.5m against liabilities of $88k, net assets of $2.4m. It reported 5 employees.