Project Feast

Analysis

Project Feast is a registered charity in United States, based in Kent, WA. It received its IRS tax-exemption ruling in August 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 December 2023, Project Feast reported income of $481k and spending of $423k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $236k to $481k (+104%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Feast sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within WA. Charities of a similar size with the same main cause include Parkside of Morton Inc ($481k), Remake Talent ($482k) and Our Home Inc ($481k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $85k (20% of expenses). Other salaries and wages came to $166k. At year end it held assets of $249k against liabilities of $13k, net assets of $236k. It reported 7 employees.