Upcycled Food Foundation

Analysis

Upcycled Food Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Upcycled Food Foundation reported income of $206k and spending of $306k, spending 149% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $184k to $206k (+12%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 217%. Over the whole period it spent 132% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Upcycled Food Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within CO. Charities of a similar size with the same main cause include Maplton Food Share ($206k), First Light International Foundation ($206k) and Harvest Edge Corporation ($206k).

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 $56k (18% of expenses). Other salaries and wages came to $129k. At year end it held assets of $5,664 against liabilities of $453k, net assets of -$447k. It reported 7 employees.