Feeding North Texas Foundation

Analysis

Feeding North Texas Foundation is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in June 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Feeding North Texas Foundation reported income of $3.3m and spending of $63k, leaving 98% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income fell from $13.2m to $3.3m (-75%), an average of -50% a year. The sharpest change came in the year to June 2023, when income dropped by 71%. Over the whole period it spent 1.4% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Feeding North Texas Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Newport County Womens Resource Center ($3.3m), Neighbors Inc ($3.3m) and Michigan House Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $26.6m against liabilities of $0, net assets of $26.6m.