Sustainable Food Center Inc

Analysis

Sustainable Food Center Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 1987, 39 years ago. 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, Sustainable Food Center Inc reported income of $3.4m and spending of $4.6m, spending 136% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income grew from $2.2m to $3.4m (+54%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sustainable Food Center Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Tri County Educational Foundation Tri-County Academy ($3.4m), Daniel Jonathan Stowe Conservancy ($3.4m) and Boys & Girls Clubs of Northern Rhode Island ($3.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $153k (3.3% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $3.9m against liabilities of $954k, net assets of $3.0m. It reported 67 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.