Foodworks Alliance LLC

Analysis

Foodworks Alliance LLC is a registered charity in United States, based in Zanesville, OH. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Foodworks Alliance LLC reported income of $195k and spending of $164k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $166k to $195k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Foodworks Alliance LLC sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within OH. Charities of a similar size with the same main cause include Society of Saint Vincent Depaul Taunton District Inc ($195k), Woburn Host Lions Charities Inc ($196k) and Queen Village Neighbors Assn ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $35k (21% of expenses). Other salaries and wages came to $48k. At year end it held assets of $144k against liabilities of $0, net assets of $144k. It reported 14 employees.