Feed My Lambs Inc

Analysis

Feed My Lambs Inc is a registered charity in United States, based in Wadesboro, NC. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Feed My Lambs Inc reported income of $287k and spending of $263k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $213k to $287k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2020, when income rose by 95%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Feed My Lambs Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include Everymom ($287k), Honoring Our Veterans ($287k) and Westchester Food Pantry ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 28% of the total. Other salaries and wages came to $104k. At year end it held assets of $1.1m against liabilities of $445k, net assets of $637k. It reported 9 employees.