Fair Food Network
Analysis
Fair Food Network is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in July 2009, 17 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, Fair Food Network reported income of $14.0m and spending of $13.0m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.3m to $14.0m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 20%. 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, Fair Food Network 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 96th percentile, and in the 96th percentile within MI. Charities of a similar size with the same main cause include District Council of Madison Inc Society of St Vincent de Paul ($14.0m), St Joseph the Protector Foundation Inc ($14.0m) and The Soup Kitchen Inc ($14.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $340k (2.6% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $17.1m against liabilities of $4.6m, net assets of $12.5m. It reported 44 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 1.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| District Council of Madison Inc Society of St Vincent de Paul | Madison | $14.0m |
| St Joseph the Protector Foundation Inc | Mishawaka | $14.0m |
| The Soup Kitchen Inc | Boynton Beach | $14.0m |
| West Ohio Food Bank | Lima | $14.0m |