Feeding Matters Inc

Analysis

Feeding Matters Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Feeding Matters Inc reported income of $2.5m and spending of $1.0m, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.5m (+90%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 221%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Feeding Matters Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within AZ. Charities of a similar size with the same main cause include Madison Ambulance Association Inc ($2.5m), Communities for Recovery ($2.5m) and Community Ambulance Association of Ambler ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 8.5% of the total. Compensation of current officers, directors and key employees was $170k (17% of expenses). Other salaries and wages came to $338k. At year end it held assets of $3.0m against liabilities of $125k, net assets of $2.9m. It reported 9 employees.