Food Security for America Incorporated

Analysis

Food Security for America Incorporated is a registered charity in United States, based in Smyrna, GA. It received its IRS tax-exemption ruling in October 2012, 14 years ago. 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, Food Security for America Incorporated reported income of $606k and spending of $593k, spending 98% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $538k to $606k (+13%), an average of +3.0% a year. The sharpest change came in the year to June 2021, when income rose by 191%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Food Security for America Incorporated sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within GA. Charities of a similar size with the same main cause include CCBC Foundation ($606k), Ascension Housing Inc ($606k) and Spruce Pine Montessori School Inc ($605k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $75k (13% of expenses). Other salaries and wages came to $77k. At year end it held assets of $244k against liabilities of $5,297, net assets of $239k. It reported 11 employees.