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Passes our checks

Proveg International Incorporated

EIN 46-3038496 · Pittsfield, MA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong90 out of 100GovernanceGood86 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO ACCELERATE THE TRANSITION TO A SUSTAINABLE GLOBAL FOOD SYSTEM BY MAKING PLANT-RICH FOODS AND ALTERNATIVE PROTEINS MORE ACCESSIBLE AND APPEALING.

Income
$6.4 million
Spending
$5.0 million
Spent on programs
85%
Reserves
22.8 months of spending
Largest source of income
donations and private grants, 99%
Employees
8
Volunteers
4
Highest pay
$95,458, us director of operations & finance

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 90 out of 100.

  • Reserves

    35 of 35

    Spendable reserves would cover 22.8 months of spending.

  • Debt

    20 of 20

    It owes 2% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 21% of income.

  • Income trend

    5 of 15

    Income fell 22% on the year before.

  • Spending floor

    15 of 15

    85% of spending went to programs and raising each dollar of donations cost 3 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 86 out of 100.

  • Independent board

    18 of 25

    4 of 4 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (8)
  1. $2.7 million spent. PROVEG GRANTS: THE PROVEG GRANTS PROGRAM IS ACCELERATING THE TRANSFORMATION OF OUR FOOD SYSTEM BY PROVIDING SUPPORT FOR ORGANIZATIONS INVOLVED IN THIS VITAL WORK. SINCE 2019, PROVEG INTERNATIONAL HAS PROVIDED MORE THAN 500 GRANTS TO ORGANIZATIONS AND INDIVIDUALS IN OVER 70 COUNTRIES. WE PROVIDE BOTH FINANCIAL SUPPORT AND ASSISTANCE WITH CAPACITY-BUILDING.ACCOMPLISHMENTS: 98 PROVEG GRANTS WERE ALLOCATED IN 53 DIFFERENT COUNTRIES.
  2. $585,203 spent. INCUBATOR PROGRAMMATIC INVESTMENTS: THE PROVEG INCUBATOR, ESTABLISHED IN NOVEMBER 2018 IN BERLIN, IS THE WORLD'S FIRST AND LEADING INCUBATOR DEDICATED TO STARTUPS INNOVATING IN PLANT-BASED, FERMENTATION, AND CULTIVATED-FOOD TECHNOLOGIES. THE UNIQUE PROGRAMME IS HELPING PIONEERING COMPANIES DEVELOP DISRUPTIVE ALTERNATIVES TO ANIMAL-BASED PRODUCTS AND INGREDIENTS.
  3. $324,171 spent. POLICY/ADVOCACY: PROVEG ADVOCATES AND COMMUNICATES THE POTENTIAL OF THE TRANSITION TO MORE PLANT-BASED FOODS AND LIFESTYLES FOR ADDRESSING CRUCIAL TOPICS SUCH AS THE SUSTAINABILITY OF FOOD SYSTEMS, THE ECONOMIC VIABILITY OF FARMERS' LIVELIHOODS, NUTRITION AND HEALTH ASPECTS AS WELL AS ENVIRONMENTAL PROTECTION, CLIMATE PROTECTION, AND RESOURCE CONSERVATION.
  4. $629,639 spent. OTHER PROGRAMS
  5. INNOVATION CHALLENGE
  6. VEGAN THESIS
  7. VEGGIE CHALLENGE
  8. DE LECKERES FUR ALLE

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 2016.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: Plan International Inc (New York, NY), EIN 51-0169168. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.