Feed the Hungry San Miguel Inc

Analysis

Feed the Hungry San Miguel Inc is a registered charity in United States, based in Laredo, TX. It received its IRS tax-exemption ruling in September 2004, 22 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, Feed the Hungry San Miguel Inc reported income of $835k and spending of $830k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $945k to $835k (-12%), an average of -3.0% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Feed the Hungry San Miguel Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Lewes Senior Citizens Center Inc ($835k), Konscious Youth Development & Service ($835k) and Uptown Grand Central Corp ($834k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $3.1m against liabilities of $27k, net assets of $3.1m.