Community Food Connection of Blount County Inc

Analysis

Community Food Connection of Blount County Inc is a registered charity in United States, based in Alcoa, TN. It received its IRS tax-exemption ruling in May 2002, 24 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, Community Food Connection of Blount County Inc reported income of $465k and spending of $426k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $193k to $465k (+141%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Food Connection of Blount County Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within TN. Charities of a similar size with the same main cause include Kiddie Korner Child Development ($465k), Kings Daughters Ministry ($465k) and Drug Story Theater Inc ($465k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $387k against liabilities of $0, net assets of $387k.