Hosea Feed the Hungry and Homeless Inc

Analysis

Hosea Feed the Hungry and Homeless Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 1978, 48 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hosea Feed the Hungry and Homeless Inc reported income of $6.8m and spending of $7.6m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $6.8m (+144%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 60%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hosea Feed the Hungry and Homeless Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Lenawee Christian Ministries ($6.8m), Americas Keswick ($6.9m) and Barnabas Fund ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $266k (3.5% of expenses). Other salaries and wages came to $634k. At year end it held assets of $2.9m against liabilities of $933k, net assets of $2.0m. It reported 27 employees.