Plant Based Foods Institute

Analysis

Plant Based Foods Institute is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2018, 8 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, Plant Based Foods Institute reported income of $1.9m and spending of $818k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $900k to $1.9m (+107%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 213%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Plant Based Foods Institute sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Bronx Independent Living Services Inc ($1.9m), Society of St Vincent de Paul Sacred Heart Conference Inc ($1.9m) and LA Alianza Hispana Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.9m against liabilities of $93k, net assets of $1.8m.