Wholesome Wave Georgia Incorporated

Analysis

Wholesome Wave Georgia Incorporated is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 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, Wholesome Wave Georgia Incorporated reported income of $2.3m and spending of $2.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $598k to $2.3m (+288%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wholesome Wave Georgia Incorporated sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Langley Residential Support Services Inc ($2.3m), End 68 Hours of Hunger ($2.3m) and Crosskeys Human Services Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $101k (4.5% of expenses). Other salaries and wages came to $526k. At year end it held assets of $1.1m against liabilities of $147k, net assets of $922k. It reported 11 employees.