Beyond Meals Inc

Analysis

Beyond Meals Inc is a registered charity in United States, based in Stafford, TX. It received its IRS tax-exemption ruling in June 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, Beyond Meals Inc reported income of $6.2m and spending of $6.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $6.2m (+317%), an average of +43% a year. The sharpest change came in the year to December 2020, when income rose by 166%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beyond Meals Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Ashure Ministry Inc ($6.2m), FRS Transportation ($6.2m) and LA Cosecha Community Supported Agriculture ($6.2m).

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 $278k (4.5% of expenses). Other salaries and wages came to $456k. At year end it held assets of $55k against liabilities of $45k, net assets of $9,696. It reported 16 employees.