Food & Friends Inc

Analysis

Food & Friends Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1990, 36 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 September 2023, Food & Friends Inc reported income of $16.0m and spending of $14.7m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $11.1m to $16.0m (+45%), an average of +9.7% a year. The sharpest change came in the year to September 2021, when income rose by 41%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Food & Friends Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 91st percentile within DC. Charities of a similar size with the same main cause include Clare Matrix ($16.0m), Upmc Senior Communities Inc ($16.0m) and Cedar Crest Inc ($16.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $972k (6.6% of expenses). Other salaries and wages came to $4.7m. It paid $226k in professional fundraising fees. At year end it held assets of $26.2m against liabilities of $900k, net assets of $25.3m. It reported 99 employees.