Food Equality Initiative Inc

Analysis

Food Equality Initiative Inc is a registered charity in United States, based in Lenexa, KS. 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, Food Equality Initiative Inc reported income of $348k and spending of $402k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $214k to $348k (+63%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 222%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food Equality Initiative Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within KS. Charities of a similar size with the same main cause include Heartspace Kids Inc ($348k), Kyddie Kares ($348k) and Lady Savant Foundation Inc ($348k).

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 $90k (22% of expenses). Other salaries and wages came to $37k. At year end it held assets of $271k against liabilities of $13k, net assets of $258k. It reported 3 employees.