Kaizen Food Rescue

Analysis

Kaizen Food Rescue is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in April 2019, 7 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, Kaizen Food Rescue reported income of $13.9m and spending of $13.7m, spending 99% of its income. Across the 4 years on record, from February 2021 to December 2023, income grew from $634k to $13.9m (+2096%), an average of +180% a year. The sharpest change came in the year to December 2021, when income rose by 1078%. 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, Kaizen Food Rescue sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Salem Christian Homes Inc ($13.9m), Learn & Play ($13.9m) and Community Opportunities Inc ($13.9m).

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 $123k (0.9% of expenses). At year end it held assets of $451k against liabilities of $7,293, net assets of $443k. It reported 1 employees.