A Better Way Food Co-Op Inc

Analysis

A Better Way Food Co-Op Inc is a registered charity in United States, based in Williamsport, IN. It received its IRS tax-exemption ruling in May 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, A Better Way Food Co-Op Inc reported income of $93k and spending of $65k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $93k (+90%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Better Way Food Co-Op Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within IN. Charities of a similar size with the same main cause include Wisconsin Bankers Foundation Inc ($93k), Olive Branch Community Emergency Food Ministry Inc ($93k) and Blue Claws Charities Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $117k against liabilities of $1,553, net assets of $116k.