All Are Worthy

Analysis

All Are Worthy is a registered charity in United States, based in Alcoa, TN. It received its IRS tax-exemption ruling in October 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, All Are Worthy reported income of $65k and spending of $68k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $65k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 140% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, All Are Worthy sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within TN. Charities of a similar size with the same main cause include Far South West-Southeast Community Development Corporation ($65k), Chestnut Hill Community Fund ($65k) and Friends of the Lowline ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,760 against liabilities of $3,415, net assets of -$655.