Bountiful Basket Food Shelf of Eastern Carver County

Analysis

Bountiful Basket Food Shelf of Eastern Carver County is a registered charity in United States, based in Chaska, MN. It received its IRS tax-exemption ruling in November 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Bountiful Basket Food Shelf of Eastern Carver County reported income of $2.1m and spending of $2.0m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $432k to $2.1m (+377%), an average of +48% a year. The sharpest change came in the year to September 2023, when income rose by 189%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bountiful Basket Food Shelf of Eastern Carver County sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include Safe Haven Baby Boxes Inc ($2.1m), Friends of Keter Torah Inc ($2.1m) and Young Mens Christian Association of Smithfield ($2.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $89k (4.4% of expenses). Other salaries and wages came to $33k. At year end it held assets of $1.3m against liabilities of $25k, net assets of $1.3m. It reported 2 employees.