Wayside Food Programs

Analysis

Wayside Food Programs is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in September 1992, 34 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, Wayside Food Programs reported income of $1.0m and spending of $1.1m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $907k to $1.0m (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2020, when income rose by 61%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wayside Food Programs sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within ME. Charities of a similar size with the same main cause include Womens Way ($1.0m), Childrens Bereavement Center of the Rio Grande Valley Inc ($1.0m) and Acts4 Community Outreach Servicesinc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $79k (7.5% of expenses). Other salaries and wages came to $406k. At year end it held assets of $2.5m against liabilities of $516k, net assets of $1.9m. It reported 13 employees.