Greater High Point Food Alliance

Analysis

Greater High Point Food Alliance is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in June 2019, 7 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 2024, Greater High Point Food Alliance reported income of $264k and spending of $279k, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $754k to $264k (-65%), an average of -23% a year. The sharpest change came in the year to June 2024, when income rose by 75%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater High Point Food Alliance sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Project Link Inc ($264k), Civic Suds Corporation ($264k) and Fuller Schoolhouse Road ($264k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $90k (32% of expenses). Other salaries and wages came to $73k. At year end it held assets of $259k against liabilities of $0, net assets of $259k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.