Etowah Community Food Inc

Analysis

Etowah Community Food Inc is a registered charity in United States, based in Gadsden, AL. It received its IRS tax-exemption ruling in June 1983, 43 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, Etowah Community Food Inc reported income of $129k and spending of $46k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $45k to $129k (+186%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 294%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Etowah Community Food Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within AL. Charities of a similar size with the same main cause include Mid-Michigan Payee Services Inc ($129k), Mitchell County Food Bank and Help Center Inc ($129k) and Uplift Appalachia ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $10k (23% of expenses). At year end it held assets of $160k against liabilities of $149, net assets of $160k. It reported 1 employees.