Sustainable Food Lab

Analysis

Sustainable Food Lab is a registered charity in United States, based in Hartland, VT. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sustainable Food Lab reported income of $3.1m and spending of $3.4m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.1m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2022, when income rose by 80%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sustainable Food Lab sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within VT. Charities of a similar size with the same main cause include Gateway Services Inc ($3.1m), Salem Pastoral Counseling Center ($3.1m) and Walton Options for Independent Living Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $162k (4.8% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.5m against liabilities of $1,191, net assets of $4.5m. It reported 14 employees.