Nutriservice Incorporated

Analysis

Nutriservice Incorporated is a registered charity in United States, based in Rockwall, TX. It received its IRS tax-exemption ruling in September 1985, 41 years ago. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Nutriservice Incorporated reported income of $6.8m and spending of $6.6m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.3m to $6.8m (+30%), an average of +6.8% a year. The sharpest change came in the year to September 2023, when income rose by 36%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nutriservice Incorporated sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Nebraska Urban Indian Health Coalition Inc ($6.8m), St Albans Early Childhood Center Inc ($6.8m) and Upper Valley Mend ($6.8m).

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 $607k. At year end it held assets of $2.4m against liabilities of $1.3m, net assets of $1.1m. It reported 13 employees.