Foundation for Fresh Produce by Ifpa Inc

Analysis

Foundation for Fresh Produce by Ifpa Inc is a registered charity in United States, based in Newark, DE. It received its IRS tax-exemption ruling in June 2006, 20 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundation for Fresh Produce by Ifpa Inc reported income of $1.8m and spending of $1.3m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $1.8m (-19%), an average of -5.3% a year. The sharpest change came in the year to December 2023, when income rose by 188%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foundation for Fresh Produce by Ifpa Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within DE. Charities of a similar size with the same main cause include National Alliance for Partnerships in Equity Education Foundation Inc ($1.8m), Fox Manor Inc ($1.8m) and Precious Angels ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 39% of the total. At year end it held assets of $1.8m against liabilities of $137k, net assets of $1.7m.