Food From the Heart Inc

Analysis

Food From the Heart Inc is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in June 2003, 23 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 December 2023, Food From the Heart Inc reported income of $758k and spending of $422k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $383k to $758k (+98%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 38%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food From the Heart Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Dream Center of Jackson ($758k), Little Lambs Learning Center Inc ($758k) and Bikur Cholim of Crown Heights ($758k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $62k (15% of expenses). Other salaries and wages came to $58k. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m. It reported 5 employees.