Food for Life Global - Americas Inc

Analysis

Food for Life Global - Americas Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover human services, 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 for Life Global - Americas Inc reported income of $376k and spending of $335k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $35k to $376k (+967%), an average of +81% a year. The sharpest change came in the year to December 2020, when income rose by 537%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food for Life Global - Americas Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 60th percentile within DE. Charities of a similar size with the same main cause include Aacts Inc ($376k), Better Health Better Life Inc ($376k) and Bargain Garden Inc ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $48k. At year end it held assets of $761k against liabilities of $600k, net assets of $161k.