Student Lunchbox Inc

Analysis

Student Lunchbox Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 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 (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, Student Lunchbox Inc reported income of $1.6m and spending of $793k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $254k to $1.6m (+519%), an average of +519% a year. The sharpest change came in the year to December 2023, when income rose by 519%. Over the whole period it spent 45% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Student Lunchbox Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Family Therapy Institute of Santa Barbara ($1.6m), Harvest Thrift Store ($1.6m) and Acculturation for Justice Access & Peace Outreach Ajapo ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $50k (6.3% of expenses). At year end it held assets of $1.0m against liabilities of $890, net assets of $1.0m. It reported 1 employees.