Feedscv Inc

Analysis

Feedscv Inc is a registered charity in United States, based in Valencia, CA. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Feedscv Inc reported income of $59k and spending of $85k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $41k to $59k (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Feedscv Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Operation Oswego County Foundation Inc ($59k), Westcamp Inc ($59k) and Lucia Lamour Foundation Inc ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $67k against liabilities of $27k, net assets of $40k.