Food Allergy Research & Education Inc

Analysis

Food Allergy Research & Education Inc is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in September 1997, 29 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 December 2023, Food Allergy Research & Education Inc reported income of $16.2m and spending of $19.7m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $23.5m to $16.2m (-31%), an average of -8.9% a year. The sharpest change came in the year to December 2021, when income dropped by 36%. Over the whole period it spent 128% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food Allergy Research & Education Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include Center for Science in the Public Interest ($16.2m), Welcome House Inc ($16.2m) and Western Carolina Community Action Inc ($16.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $1.7m (8.7% of expenses). Other salaries and wages came to $6.8m. It paid $274k in professional fundraising fees. At year end it held assets of $31.4m against liabilities of $2.6m, net assets of $28.7m. It reported 69 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.