Better Food Foundation Inc

Analysis

Better Food Foundation Inc is a registered charity in United States, based in Julian, CA. It received its IRS tax-exemption ruling in August 2017, 9 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, Better Food Foundation Inc reported income of $2.3m and spending of $2.5m, spending 109% of what it took in. Across the 6 years on record, from December 2016 to December 2023, income grew from $50 to $2.3m (+4557824%), an average of +755% a year. The sharpest change came in the year to December 2019, when income rose by 1960556%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Better Food Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Food Brigade Inc ($2.3m), Child Care Council of Nassau Inc ($2.3m) and Asian Rehabilitation Service Incorporated ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $101k (4.1% of expenses). Other salaries and wages came to $471k. At year end it held assets of $344k against liabilities of $73k, net assets of $271k. It reported 14 employees.