Food Well Alliance Inc

Analysis

Food Well Alliance Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 2016, 10 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 June 2024, Food Well Alliance Inc reported income of $3.2m and spending of $3.3m, spending 103% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.3m to $3.2m (+40%), an average of +7.0% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food Well Alliance Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Nourishmke Inc ($3.2m), Polish & Slavic Center Inc ($3.2m) and Mak Community Enrichment Services ($3.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $260k (7.9% of expenses). Other salaries and wages came to $755k. At year end it held assets of $4.8m against liabilities of $196k, net assets of $4.6m. It reported 17 employees.