Forever Fed Inc

Analysis

Forever Fed Inc is a registered charity in United States, based in Woodstock, GA. It received its IRS tax-exemption ruling in October 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 2022, Forever Fed Inc reported income of $415k and spending of $424k, spending 102% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $589k to $415k (-30%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. 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, Forever Fed Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Preparing Tomorrows Leaders Today ($415k), Family Promise of Cape May County Inc ($415k) and Northeast Ohio Foundation for Patriotism ($415k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $71k (17% of expenses). At year end it held assets of $172k against liabilities of $339, net assets of $172k. It reported 5 employees.