Nonprofit screen
Screen a listRethink Food NYC Inc
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Listed with the IRS, but California flags it.
Check its California registration before you grant.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Not current
- Charity type
- 509(a)(2)
$59Mrevenue
FY2024 · +100% in 3 yrs81staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−4.4%
Months of reserve0.6mo
Revenue growth (annualized)+157.5%
Middle half of peersMedianRethink Food NYC
Where the money goes FY2024 · $61M spent
Programs$58M94%Management and general$2.9M5%Fundraising$808k1%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$7.5M in FY2022, −$6.3M in FY2023 and −$2.6M in FY2024. Cash covers 0.6 months, under the peer median of 1.5.
990 Part I and balance sheetIn its favor2
Strong governance
16 of 17 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 158% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohort95funders
$13Ma year, last 3 years
40%from its largest funder
Funder’18’19’20’21’22’23The J Baker Foundation IncSince FY2020$1.0M$2.3M$5.5M$3.1MTimothy and Michele Barakett FoundationSince FY2020$2.1M$2.2M$2.1M$1.0MThe Tang FundSince FY2019$25k$100k$498k$50k$100kRobin Hood FoundationStopped after FY2021$465k$255k–Steven & Alexandra Cohen Foundation IncStopped after FY2022$250k$250k–The Essex Avenue FoundationNew in FY2023$350kDonor-advised giftsDonors not disclosed$877k$17M$1.3M$1.4M64 other fundersUp to $113k a year each$5k$8k$781k$317k$256k$188k
FundedThrough a donor-advised fundStopped