Feed My People Inc

Analysis

Feed My People Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in November 1984, 42 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, Feed My People Inc reported income of $15.7m and spending of $16.0m, spending 102% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $12.3m to $15.7m (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2022, when income rose by 96%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Feed My People Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within WI. Charities of a similar size with the same main cause include Scott Dawson Evangelistic Assoc Inc ($15.6m), Word Among US Inc ($15.7m) and Warren County Community Services Inc ($15.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $179k (1.1% of expenses). Other salaries and wages came to $1.1m. It paid $147k in professional fundraising fees. At year end it held assets of $8.8m against liabilities of $996k, net assets of $7.8m. It reported 30 employees.