Sodexo Stop Hunger Foundation Inc

Analysis

Sodexo Stop Hunger Foundation Inc is a registered charity in United States, based in North Bethesda, MD. It received its IRS tax-exemption ruling in September 1999, 27 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 August 2023, Sodexo Stop Hunger Foundation Inc reported income of $3.5m and spending of $2.8m, spending 81% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.7m to $3.5m (+104%), an average of +20% a year. The sharpest change came in the year to August 2021, when income rose by 86%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sodexo Stop Hunger Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MD. Charities of a similar size with the same main cause include The Food Initiative of Greater Stan Siaus Inc ($3.5m), Easy Lift Transportation Inc ($3.5m) and Northstar Foundation ($3.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $532k. At year end it held assets of $3.6m against liabilities of $12k, net assets of $3.6m.