Friends Sharing Food Inc

Analysis

Friends Sharing Food Inc is a registered charity in United States, based in BLK River FLS, WI. It received its IRS tax-exemption ruling in October 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, Friends Sharing Food Inc reported income of $163k and spending of $198k, spending 122% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $226k to $163k (-28%), an average of -6.4% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends Sharing Food Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within WI. Charities of a similar size with the same main cause include Natchez Community Stewpot Inc ($163k), Awake Network Foundation ($163k) and Knights of the Round Table Inc ($163k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $198k against liabilities of $0, net assets of $198k.