Home › Food, agriculture & nutrition
The Good Food Institute
The Good Food Institute reported $28.1 million in revenue and $35.4 million in expenses for calendar year 2024. Of every $100 it spent, $74.34 went to program services, $16.21 to management and general costs and $9.45 to fundraising. Its largest source of revenue was contributions and grants: 95.1% of the total. The highest compensation it reported for one person was $252,040 (PRESIDENT AND FOUNDER). 52 people received more than $100,000 in reportable compensation. Revenue rose 30% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $35MFor context, the median across 349 covered food, agriculture & nutrition charities: $94.56 programs, $3.12 management, $2.32 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $28MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 74.3% | 94.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 16.2% | 3.1% |
| Fundraising Part IX 25(D) ÷ 25(A) | 9.5% | 2.3% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.13 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 95.1% | 96.4% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.6% | 10.5% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 1.3% |
| Highest reported compensation Part VII-A, columns D–F | $252,040 | $213,323 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.71% | 0.61% |
| People paid over $100,000 Part VII, line 2 | 52 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 18.5 | 6.6 |
| Independent voting board members Part VI 1a–1b | 6 of 7 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseScience and technology - gfi's science and technology department accelerates the science of alternative protein technologies. Gfi's scientists are the global experts in this sector and work to ensure that a roadmap exists for alternative protein innovation, that the best scientists are engaged in research and development, and that significant funds are directed toward the highest-impact areas of alternative protein research.gfi's scitech team is focused on three principal activities:1. Analyzing current and future technical challenges and identifying the most important research for…
Policy and government relations - gfi's policy and government relations department is focused on removing public policy hurdles and directing public investment to accelerate progress on the widespread adoption of alternative proteins. The policy and government relations team primarily educates public institutions, including elected officials and regulators, and uses impact litigation as a strategic tool where warranted
Corporate engagement - gfi's corporate engagement department works to educate companies and investors to prioritize alternative proteins, accelerate alternative protein innovation, and scale the supply chain. The corporate engagement team's work helps enable food industry partners to develop and bring to market alternative protein products that are as accessible, affordable, and delicious as conventional meat, eggs, and dairy. The corporate engagement team educates and empowers entities in all stages of the supply chain, including entrepreneurs and startups, investors, food and meat…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT AND FOUNDER Director/trustee, officer, 40.00 hrs/week | $230,799 | $0 | $21,241 | $252,040 |
| CEO Officer, 40.00 hrs/week | $225,925 | $0 | $22,475 | $248,400 |
| SVP - DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $210,448 | $0 | $19,367 | $229,815 |
| SVP - POLICY AND GOVERNMENT RELATIONS Highest compensated employee, 40.00 hrs/week | $197,947 | $0 | $30,111 | $228,058 |
| SVP - CORPORATE ENGAGEMENT Highest compensated employee, 40.00 hrs/week | $196,663 | $0 | $19,703 | $216,366 |
| SVP - COMMUNICATIONS Highest compensated employee, 40.00 hrs/week | $199,100 | $0 | $10,826 | $209,926 |
| GEN. COUNSEL, SECRETARY, TREASURER Officer, 40.00 hrs/week | $173,558 | $0 | $21,561 | $195,119 |
| VP OPERATIONS Highest compensated employee, 40.00 hrs/week | $168,167 | $0 | $23,530 | $191,697 |
52 people received more than $100,000 in reportable compensation from The Good Food Institute (Part VII, line 2). Compensation of current officers, directors and key employees totaled $696K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b7 · 6 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5132
- Volunteers Part I, line 654
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| MAUVE CORPORATE SYSTEMS UK Uk eor | $271,300 |
| MAUVE CORPORATE SYSTEMS AUSTRALIA Australia eor | $210,027 |
| TORREY ADVISORY GROUP Developing and supporting federal affair | $180,000 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
38 private foundations reported grants to The Good Food Institute totaling $1.8M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Good Food Institute's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Good Food Institute, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Good Food Institute spent in 2024, $74.34 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Food Bank for Monterey CountySalinas, CA · revenue $28M · programs 96.7% · FY2025
- Bread for the CityWashington, DC · revenue $29M · programs 75.0% · FY2025
- Clark County Food BankVancouver, WA · revenue $27M · programs 95.1% · FY2025
- Crossroads Community ServicesDallas, TX · revenue $30M · programs 95.3% · FY2025
- Community Harvest Food Bank of Northeast IndianaFort Wayne, IN · revenue $27M · programs 95.4% · FY2025
All food, agriculture & nutrition charities · Largest charities in Virginia
Questions people ask
How much of The Good Food Institute's spending goes to programs?
In calendar year 2024, The Good Food Institute reported that 74.3% of its $35.4 million in expenses went to program services, 16.2% to management and general and 9.5% to fundraising (Form 990, Part IX).
How much does The Good Food Institute pay its top executive?
The largest total compensation The Good Food Institute reported for one person in calendar year 2024 was $252,040, for the role of PRESIDENT AND FOUNDER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Good Food Institute get its money?
Of $28.1 million in revenue in calendar year 2024, 95.1% came from contributions and grants (including 0.6% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is The Good Food Institute a registered charity?
The IRS lists EIN 81-0840578 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202543189349301719 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433049349302123 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323199349322632 · read the filing
- 2021: Form 990 for calendar year 2021, object 202213179349300101 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113129349300226 · read the filing
- 2019: Form 990 for calendar year 2019, object 202023219349318907 · read the filing
All filings for EIN 81-0840578: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.