Clean Label Project Foundation

Analysis

Clean Label Project Foundation is a registered charity in United States, based in Broomfield, CO. It received its IRS tax-exemption ruling in September 2016, 10 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, Clean Label Project Foundation reported income of $720k and spending of $562k, leaving 22% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $382k to $720k (+89%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clean Label Project Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within CO. Charities of a similar size with the same main cause include Anchor House Foundation Inc ($720k), Ecumenical Coalition for Women and Families ($720k) and Salem Dream Center ($720k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $303k (54% of expenses). Other salaries and wages came to $59k. At year end it held assets of $567k against liabilities of $1.2m, net assets of -$615k. It reported 4 employees.