Weatherford Food & Resource Center Incorporated

Analysis

Weatherford Food & Resource Center Incorporated is a registered charity in United States, based in Weatherford, OK. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover human services, 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 September 2023, Weatherford Food & Resource Center Incorporated reported income of $361k and spending of $334k, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $227k to $361k (+59%), an average of +12% a year. The sharpest change came in the year to September 2020, when income rose by 43%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Weatherford Food & Resource Center Incorporated sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within OK. Charities of a similar size with the same main cause include Access 2 Independence of the Eastern Iowa Corridor Inc ($361k), The Foundation for Argiculture and Resource Management ($361k) and Rising Stars Therapeutic Riding Center Inc ($361k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $52k (16% of expenses). Other salaries and wages came to $71k. At year end it held assets of $838k against liabilities of $2,693, net assets of $835k. It reported 7 employees.