Arcadia Food Inc

Analysis

Arcadia Food Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in March 2013, 13 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, Arcadia Food Inc reported income of $1.7m and spending of $1.6m, spending 92% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $810k to $1.7m (+112%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 98%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arcadia Food Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include Enroot Inc ($1.7m), Marillac St Vincent Ministries Inc ($1.7m) and Advantage Foster Family Agency ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $76k (4.8% of expenses). Other salaries and wages came to $679k. At year end it held assets of $1.8m against liabilities of $719k, net assets of $1.1m. It reported 70 employees.