Local Food Network

Analysis

Local Food Network is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in February 2009, 17 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, Local Food Network reported income of $417k and spending of $341k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $122k to $417k (+242%), an average of +242% a year. The sharpest change came in the year to December 2023, when income rose by 242%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Local Food Network sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within NV. Charities of a similar size with the same main cause include Human Relief Foundation Corp ($417k), Alpha Day Care Center Corporation ($417k) and San Antonio Foster Care and Adoption Services Inc ($417k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. Other salaries and wages came to $119k. At year end it held assets of $121k against liabilities of $22k, net assets of $99k.