Brightside Produce

Analysis

Brightside Produce is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in February 2020, 6 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 June 2024, Brightside Produce reported income of $469k and spending of $397k, spending 85% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $355k to $469k (+32%), an average of +9.7% a year. The sharpest change came in the year to June 2024, when income rose by 47%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brightside Produce sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Tree of Life ($469k), Gateway House of Peace Inc ($469k) and Northfields Human Services ($469k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $57k (14% of expenses). Other salaries and wages came to $101k. At year end it held assets of $93k against liabilities of $2,244, net assets of $90k. It reported 39 employees.