Feedmore Western New York Inc

Analysis

Feedmore Western New York Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in November 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 (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, Feedmore Western New York Inc reported income of $38.8m and spending of $42.6m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.9m to $38.8m (+200%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 229%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Feedmore Western New York Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Carole Robertson Center for Learning ($38.8m), Hospice of Marion County Inc ($38.9m) and Monadnock Development Services Region V Area Agency ($38.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $290k (0.7% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $11.1m against liabilities of $4.7m, net assets of $6.5m. It reported 256 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.