International Food Information Council Foundation

Analysis

International Food Information Council Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, International Food Information Council Foundation reported income of $3.4m and spending of $3.2m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $644k to $3.4m (+430%), an average of +52% a year. The sharpest change came in the year to December 2020, when income rose by 377%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International Food Information Council Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 75th percentile within DC. Charities of a similar size with the same main cause include Hudson River Museum of Westchester ($3.4m), Cornelius Arts Community Center Inc ($3.4m) and Sweet Adelines International Corporation ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $973k (31% of expenses). Other salaries and wages came to $616k. At year end it held assets of $2.5m against liabilities of $911k, net assets of $1.6m. It reported 11 employees.