Friday Food Bag Foundation

Analysis

Friday Food Bag Foundation is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in April 2010, 16 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, Friday Food Bag Foundation reported income of $302k and spending of $135k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $297k to $302k (+1.6%), an average of +0.4% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friday Food Bag Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within WY. Charities of a similar size with the same main cause include Family Life and Marraige Enrichment Inc ($302k), City Kids Camp ($302k) and New Life Day Center Inc ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $771k against liabilities of $0, net assets of $771k.