Wiregrass Area Food Bank Inc

Analysis

Wiregrass Area Food Bank Inc is a registered charity in United States, based in Dothan, AL. It received its IRS tax-exemption ruling in March 1993, 33 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 2023, Wiregrass Area Food Bank Inc reported income of $1.4m and spending of $1.3m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.5m to $1.4m (-4.3%), an average of -1.4% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wiregrass Area Food Bank Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within AL. Charities of a similar size with the same main cause include Love Transformation Project Inc ($1.4m), Paradise Adolescent Homes Inc ($1.4m) and Hoover Intergenerational Care ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $534k. At year end it held assets of $3.0m against liabilities of $7,540, net assets of $3.0m. It reported 16 employees.