West Alabama Food & Wine Festival

Analysis

West Alabama Food & Wine Festival is a registered charity in United States, based in Northport, AL. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, West Alabama Food & Wine Festival reported income of $77k and spending of $73k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $77k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, West Alabama Food & Wine Festival sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within AL. Charities of a similar size with the same main cause include Gno-Abo Charitable and Educational Foundation Inc ($77k), Rotary Club of Pinellas Park Florida Foundation Inc ($77k) and On Belay Ministries Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.