Food Finders Inc

Analysis

Food Finders Inc is a registered charity in United States, based in Los Alamitos, CA. It received its IRS tax-exemption ruling in July 1990, 36 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 2023, Food Finders Inc reported income of $33.0m and spending of $33.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $19.5m to $33.0m (+70%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 89%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food Finders Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Heinzerling Community ($33.0m), Bonnie Brae ($33.1m) and Blue Ridge Hospice Inc ($33.0m).

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 $85k (0.3% of expenses). Other salaries and wages came to $742k. At year end it held assets of $1.6m against liabilities of $156k, net assets of $1.4m. It reported 28 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.