Meet the Needs Charleston

Tax-deductible

Mt Pleasant, SC501(c)(3)Food & AgricultureEIN 47-2703106Revenue $1.1M in FY2025

On file with the IRSfeedtheneedcharleston.org275 Beech Hill Ln, 29464-6238 · Mt Pleasant, SCTax-exempt since Nov 2011Publicly supported charity — 170(b)(1)(A)(vi)

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To support issues pertaining to hunger, homelessness, and job training

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
Run by 50 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $14K a year · 2% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$100K
to officers and key staff · 10% of spending
Top officer’s pay lower than 81% of similar orgs
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $154K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 4 voting members
Fine: 2 of 4 voting members are independent, half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
+22% vs prior year
Spent
$1.0M
To programs
86%
Net assets
$208K
By yearFY2021–FY2025
Revenue
$1.1M
FY2025▲ +22%
Tap a bar for its year
Revenue by fiscal year
FY2021$309K
FY2022$871K
FY2023$902K
FY2024$886K
FY2025$1.1M
Expenses
$1.0M
FY2025▲ +19%
Tap a bar for its year
Expenses by fiscal year
FY2021$418K
FY2022$849K
FY2023$848K
FY2024$853K
FY2025$1.0M
Net assets
$208K
FY2025▲ +49%
Tap a bar for its year
Net assets by fiscal year
FY2021$31K
FY2022$52K
FY2023$106K
FY2024$140K
FY2025$208K

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $870K Management & general 14% · $147K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990; $100K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$65,000Pt VII · Sec A
Secretary
$34,583Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Michael Bakst’s $65K as President is at the 19th percentile of top reported officer pay among 818 $1–10M food & agriculture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Michael Bakst$65,000$40,000$50,000$12,500—
Ellen Gansen$34,583$16,667$25,000$25,000$25,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Meet the Needs Charleston executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Feeds the hungry, houses the homeless, and provides job training.

Questions for Meet the Needs Charleston

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Provided by the organization

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2 programs · $870K · in their own filed words · FY2024
01

The goal of Feed the Need Charleston is to support organizations involved in feeding at-risk residents of the greater Charleston area, including One80Place, Neighbors Together, and Neighborhood House.

$870Kprogram expense
02

Teach the Need, a recently launched initiative, is providing a 6-week restaurant skills curriculum to students in eight area, Title I high schools. The goal is to help these young adults develop the skills and confidence needed to secure - and keep - jobs in the food and beverage industry.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$154K
See all 4 funders →
Grants paid · 49 grants · $3.3M · 2020–2024
Neighbors Together INCSC · FY2024$210,000
One-Eighty PlaceSC · FY2024$200,000
Manna Food BankNC · FY2024$50,000
Ben's FriendsSC · FY2024$30,000
Southern Smoke FoundationTX · FY2024$25,000
Individual RecipientFY2024$20,000
Individual RecipientFY2024$20,000
Star Gospel MissionSC · FY2024$20,000
Individual RecipientFY2024$18,160
Asheville Area Arts CouncilNC · FY2024$7,500
Musc FoundationFY2024$5,000
Neighbors Together INCSC · FY2023$195,500
One-Eighty PlaceSC · FY2023$175,000
Ben's FriendsSC · FY2023$57,330
See all 49 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Other incomeLn 4–11$696K
Gifts and grantsLn 1h$390K
Money outPt IX
$1.0M
Ln 25
Programscol B$870K
Managementcol C$147K
Owns and owesPt X
$208K
net assets · Ln 32
Cash and savingsLn 1–2$208K
Total assetsLn 16$208K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A2
Voting boardVI 1a4
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$390K
Fundraising eventsLn 1c$317K
Other incomeLn 4–11$696K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$208K
Cash and savings togetherLn 1–2$208K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$208K
LiabilitiesLn 26$0
Net assetsLn 32$208K
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$141K$208K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$141K$208K
LiabilitiesLn 26$2K$0
Net assetsLn 32$140K$208K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$870K$870K
Pay of current officers, directors and key staffLn 5$65K$65K
Pay of disqualified personsLn 6$35K$35K
Other employee benefitsLn 9$17K$17K
Payroll taxesLn 10$8K$8K
Accounting feesLn 11c$200$200
Other fees for servicesLn 11g$0$0$0$0
Office expensesLn 13$3K$158$2K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$17K$17K
All other expensesLn 24e$470$0$470$0
Total functional expensesLn 25$1.0M$870K$147K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.1M$1.0M$68K$208K 990 PDF
FY2024 $886K$853K$33K$140K 990 PDF
FY2023 $902K$848K$54K$106K 990 PDF
FY2022 $871K$849K$21K$52K 990 PDF
FY2021 $309K$418K−$109K$31K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $1,085,416 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $509,438$389,796
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenuePrior year $376,687$695,620
I-12 Total revenuePrior year $886,125$1,085,416
I-13 Grants and similar amounts paidPrior year $711,146$870,033
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $121,891$124,824
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $19,804$22,435
I-18 Total expensesPrior year $852,841$1,017,292
I-19 Revenue less expensesPrior year $33,284$68,124
Part VI · Governance 2 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members2
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $1,085,416 across 5 lines filed
VIII-1c Fundraising events$316,548
VIII-1f All other contributions, gifts and grants$73,248
VIII-1h Total contributions, gifts and grants$389,796
VIII-8 Net income from fundraising eventsExcluded from tax $695,620$695,620
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $695,620$1,085,416
Part IX · Statement of functional expenses $1,017,292 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $870,033$870,033
IX-5 Pay of current officers, directors and key staffManagement $65,000$65,000
IX-6 Pay of disqualified personsManagement $34,583$34,583
IX-9 Other employee benefitsManagement $16,783$16,783
IX-10 Payroll taxesManagement $8,458$8,458
IX-11c Accounting feesManagement $200$200
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-13 Office expensesPrograms $158 · Management $2,376$2,534
IX-23 InsuranceManagement $2,273$2,273
IX-24 Other expenses (24a–d)Management $16,958$16,958
IX-24e All other expensesPrograms $0 · Management $470 · Fundraising $0$470
IX-25 Total functional expensesPrograms $870,191 · Management $147,101 · Fundraising $0$1,017,292
Part X · Balance sheet $207,685 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $141,265$207,685
X-10c Land, buildings and equipment, netStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $141,265$207,685
X-25 Other liabilitiesStart of year $1,704$0
X-26 Total liabilitiesStart of year $1,704$0
X-32 Total net assets or fund balancesStart of year $139,561$207,685
X-33 Total liabilities and net assetsStart of year $141,265$207,685
Part XI · Reconciliation of net assets $207,685 net assets at year end
XI-1 Total revenue$1,085,416
XI-2 Total expenses$1,017,292
XI-3 Revenue less expenses$68,124
XI-4 Net assets at start of year$139,561
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$207,685

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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