Feed the Hunger Inc

Analysis

Feed the Hunger Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in June 1971, 55 years ago. 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, Feed the Hunger Inc reported income of $4.9m and spending of $3.8m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $4.9m (+148%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Feed the Hunger Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include Howell Township Police Athletic League Inc ($4.9m), Boys & Girls Club of San Marcos ($4.9m) and Our Hope Association ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $199k (5.2% of expenses). Other salaries and wages came to $665k. At year end it held assets of $2.6m against liabilities of $179k, net assets of $2.4m. It reported 17 employees.