Families Feeding Hope Foundation

Analysis

Families Feeding Hope Foundation is a registered charity in United States, based in Durant, OK. It received its IRS tax-exemption ruling in December 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, Families Feeding Hope Foundation reported income of $223k and spending of $16k, leaving 93% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $223k (+122%), an average of +122% a year. The sharpest change came in the year to December 2023, when income rose by 122%. Over the whole period it spent 7.4% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families Feeding Hope Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within OK. Charities of a similar size with the same main cause include Concerts for a Cause Inc ($223k), Milwaukee Chinese Community Centerinc ($223k) and Juniata County Food Pantry Inc ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $4,255 (27% of expenses). It paid $4,980 in professional fundraising fees. At year end it held assets of $317k against liabilities of $69, net assets of $317k. It reported 1 employees.