Food for Free Committee Inc

Analysis

Food for Free Committee Inc is a registered charity in United States, based in Somervillle, MA. It received its IRS tax-exemption ruling in January 1985, 41 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 June 2023, Food for Free Committee Inc reported income of $17.3m and spending of $16.8m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $17.3m (+260%), an average of +38% a year. The sharpest change came in the year to June 2020, when income rose by 59%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food for Free Committee 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 96th percentile within MA. Charities of a similar size with the same main cause include Childrens Home of Jefferson ($17.3m), Christs Home ($17.3m) and Project Re-Direct Inc ($17.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $416k (2.5% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $4.6m against liabilities of $1.0m, net assets of $3.5m. It reported 43 employees.