Equitable Food Initiative

Analysis

Equitable Food Initiative is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover human services, 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, Equitable Food Initiative reported income of $2.5m and spending of $3.6m, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $2.5m (-5.4%), an average of -1.4% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Equitable Food Initiative sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 70th percentile within DC. Charities of a similar size with the same main cause include Franklins Promise Coalition Incorporated ($2.5m), Downtown Childrens Center ($2.5m) and Seven Hills Foundation Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $134k (3.7% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $2.2m against liabilities of $1.1m, net assets of $1.1m. It reported 18 employees.