Daily Bowl

Analysis

Daily Bowl is a registered charity in United States, based in Union City, CA. It received its IRS tax-exemption ruling in October 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, Daily Bowl reported income of $269k and spending of $171k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $242k to $269k (+11%), an average of +5.3% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Daily Bowl sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include St Mary Advocates Inc ($269k), All 4 Upg ($269k) and 1854 Foundation ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $48k (28% of expenses). Other salaries and wages came to $51k. At year end it held assets of $376k against liabilities of $0, net assets of $376k. It reported 2 employees.