Tri-State Local Foods

Analysis

Tri-State Local Foods is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in July 2014, 12 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, Tri-State Local Foods reported income of $390k and spending of $436k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $186k to $390k (+109%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tri-State Local Foods sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within WV. Charities of a similar size with the same main cause include Family Hope ($390k), Choose Life Inc ($390k) and St Croix Mission Outreach Inc ($389k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $28k (6.5% of expenses). Other salaries and wages came to $148k. At year end it held assets of $116k against liabilities of $62k, net assets of $53k. It reported 16 employees.