The Cultural Cup Food Bank

Analysis

The Cultural Cup Food Bank is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in December 2003, 23 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, The Cultural Cup Food Bank reported income of $120k and spending of $119k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $145k to $120k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. 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, The Cultural Cup Food Bank sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within AZ. Charities of a similar size with the same main cause include Tri City Hope Center ($120k), Faculty of Federal Advocates ($120k) and New Jersey Bankruptcy Lawyers Foundation Inc ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,075 against liabilities of $0, net assets of $1,075.