Food4kidz

Analysis

Food4kidz is a registered charity in United States, based in Panama City Beach, FL. It received its IRS tax-exemption ruling in March 2012, 14 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 August 2023, Food4kidz reported income of $102k and spending of $206k, spending 202% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $148k to $102k (-31%), an average of -31% a year. The sharpest change came in the year to August 2023, when income dropped by 31%. Over the whole period it spent 184% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food4kidz sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include St Josephs Foundation of Buckhannon Inc ($102k), Meals on Wheels of Sedalia ($102k) and St Joseph Community Food Shelf ($102k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 120% of the total. At year end it held assets of $29k against liabilities of $320k, net assets of -$291k.