Food for Families Inc
Analysis
Food for Families Inc is a registered charity in United States, based in Altoona, PA. It received its IRS tax-exemption ruling in December 1982, 44 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Food for Families Inc reported income of $1.9m and spending of $1.5m, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.3m to $1.9m (+40%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 78% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food for Families Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Graniteville House of Recovery ($1.9m), Woodbridge Childrens Center ($1.9m) and Boulder County Farmers Market ($1.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 6.8% of the total. Other salaries and wages came to $316k. At year end it held assets of $2.9m against liabilities of $238k, net assets of $2.7m. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 82%
- Program services 6.8%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Graniteville House of Recovery | Sweet Valley | $1.9m |
| Woodbridge Childrens Center | Martinez | $1.9m |
| Boulder County Farmers Market | Longmont | $1.9m |
| The LGBTQ Center of Durham Inc | Durham | $1.9m |