Feeding the Carolinas

Analysis

Feeding the Carolinas is a registered charity in United States, based in Clemmons, NC. It received its IRS tax-exemption ruling in February 2011, 15 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, Feeding the Carolinas reported income of $1.0m and spending of $1.0m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.0m (-35%), an average of -10% a year. The sharpest change came in the year to June 2020, when income rose by 428%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Feeding the Carolinas sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Cleveland Manor Inc ($1.0m), Childrens Coalition of Aransas County ($1.0m) and Youth Emergency Shelter Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $131k (13% of expenses). Other salaries and wages came to $179k. At year end it held assets of $1.4m against liabilities of $92k, net assets of $1.3m. It reported 4 employees.