Wedontwaste Inc

Analysis

Wedontwaste Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 2011, 15 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, Wedontwaste Inc reported income of $17.1m and spending of $14.1m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.8m to $17.1m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wedontwaste Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Attic Angel Place Inc ($17.1m), 1155 Market Qalicb ($17.1m) and Glen Retirement System ($17.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $200k (1.4% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $12.6m against liabilities of $3.0m, net assets of $9.6m. It reported 26 employees.