Foodiversity

Analysis

Foodiversity is a registered charity in United States, based in Mooresville, NC. It received its IRS tax-exemption ruling in July 2021, 5 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, Foodiversity reported income of $90k and spending of $82k, spending 91% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $71k to $90k (+27%), an average of +27% a year. The sharpest change came in the year to June 2024, when income rose by 27%. 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, Foodiversity sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within NC. Charities of a similar size with the same main cause include Alliance Financial Ministries ($90k), Hearthstone Village ($90k) and Voice to the Nations Ministries Inc ($90k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $110k against liabilities of $4,802, net assets of $105k.