Foodwise Community

Analysis

Foodwise Community is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 1996, 30 years ago. 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 March 2024, Foodwise Community reported income of $2.1m and spending of $2.2m, spending 105% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $1.7m to $2.1m (+24%), an average of +5.5% a year. The sharpest change came in the year to March 2021, when income rose by 20%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foodwise Community sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Good Faith Media ($2.1m), Reed Schools Foundation ($2.1m) and Independent Living Resources of Greater Birmingham Inc ($2.1m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 55% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $167k (7.7% of expenses). Other salaries and wages came to $1.1m. It paid $42k in professional fundraising fees. At year end it held assets of $1.9m against liabilities of $623k, net assets of $1.3m. It reported 25 employees.