Feed the Need Foundation for Rural Oklahoma

Analysis

Feed the Need Foundation for Rural Oklahoma is a registered charity in United States, based in Wright City, OK. It received its IRS tax-exemption ruling in January 2015, 11 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 June 2023, Feed the Need Foundation for Rural Oklahoma reported income of $4.1m and spending of $3.6m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $4.1m (+82%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 49%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Feed the Need Foundation for Rural Oklahoma sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within OK. Charities of a similar size with the same main cause include Moore Apartment Non-Profit Housing ($4.1m), Mountain Meadows Inc ($4.1m) and Family Service Center of Sangamon County ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $187k (5.1% of expenses). Other salaries and wages came to $216k. At year end it held assets of $1.7m against liabilities of $262k, net assets of $1.5m. It reported 8 employees.