Food4kids Backpack Program of North Florida Inc

Analysis

Food4kids Backpack Program of North Florida Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in July 2014, 12 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 September 2023, Food4kids Backpack Program of North Florida Inc reported income of $369k and spending of $291k, leaving 21% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $176k to $369k (+110%), an average of +110% a year. The sharpest change came in the year to September 2023, when income rose by 110%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food4kids Backpack Program of North Florida Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Street Hearts Inc ($368k), American Muslim Senior Society Inc ($369k) and Proclaiming Grace Outreach ($368k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $36k (12% of expenses). It paid $1,472 in professional fundraising fees. At year end it held assets of $351k against liabilities of $0, net assets of $351k.