Inter-Faith Food Shuttle

Analysis

Inter-Faith Food Shuttle is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in April 1992, 34 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 June 2024, Inter-Faith Food Shuttle reported income of $34.2m and spending of $36.4m, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $17.6m to $34.2m (+94%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inter-Faith Food Shuttle sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NC. Charities of a similar size with the same main cause include Childrens Home Society of North Carolina Inc ($34.2m), Center for Disability Service Holding Corporation ($34.2m) and Homesura Inc ($34.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $169k (0.5% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $9.0m against liabilities of $2.0m, net assets of $7.0m. It reported 78 employees.