Waste Not Want Not Inc

Analysis

Waste Not Want Not Inc is a registered charity in United States, based in Orange Park, FL. It received its IRS tax-exemption ruling in September 2005, 21 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 2022, Waste Not Want Not Inc reported income of $3.4m and spending of $3.4m, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $3.7m to $3.4m (-7.2%), an average of -2.4% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Waste Not Want Not Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Community House ($3.4m), Turning Point Inc ($3.4m) and Voces de LA Frontera Inc ($3.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $56k (1.7% of expenses). Other salaries and wages came to $30k. At year end it held assets of $460k against liabilities of $108k, net assets of $352k. It reported 2 employees.