Food for Thought Inc

Analysis

Food for Thought Inc is a registered charity in United States, based in Carson City, NV. It received its IRS tax-exemption ruling in May 2009, 17 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, Food for Thought Inc reported income of $128k and spending of $135k, spending 105% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $186k to $128k (-31%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food for Thought Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within NV. Charities of a similar size with the same main cause include Team Guts ($128k), Feed Gods Hungry Children Inc ($128k) and Richland County 4-H Foundation ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $316k against liabilities of $300, net assets of $315k.