Lesea Global Feed the Hungry Inc

Analysis

Lesea Global Feed the Hungry Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lesea Global Feed the Hungry Inc reported income of $82.1m and spending of $80.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $30.8m to $82.1m (+167%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lesea Global Feed the Hungry Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IN. Charities of a similar size with the same main cause include United Way of Greater St Louis Inc ($80.7m), Jewish Federation Council of Greater Los Angeles ($82.6m) and The Pittsburgh Foundation ($80.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $126k (0.2% of expenses). Other salaries and wages came to $1.1m. It paid $189k in professional fundraising fees. At year end it held assets of $12.4m against liabilities of $1.6m, net assets of $10.9m. It reported 26 employees.