Western Association of Food Chains Inc

Analysis

Western Association of Food Chains Inc is a registered charity in United States, based in Yorba Linda, CA. It received its IRS tax-exemption ruling in February 1983, 43 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Western Association of Food Chains Inc reported income of $6.5m and spending of $6.8m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.5m to $6.5m (+46%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 152%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Western Association of Food Chains Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Houston County Assn for Exceptional Citizens Inc ($6.5m), Bethany Retirement Home Inc ($6.5m) and Jafco Childrens Foundation Inc ($6.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $484k (7.1% of expenses). Other salaries and wages came to $805k. At year end it held assets of $15.5m against liabilities of $2.1m, net assets of $13.4m. It reported 5 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.