Food Forever Fund Inc

Analysis

Food Forever Fund Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2022, Food Forever Fund Inc reported income of $522k and spending of $28k, leaving 95% of income unspent that year. Across the 4 years on record, from September 2019 to September 2022, income grew from $79k to $522k (+564%), an average of +88% a year. The sharpest change came in the year to September 2021, when income rose by 2587%. Over the whole period it spent 7.5% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food Forever Fund Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include Johnson County Senior Citizens Program Inc ($522k), Zeina Lorraine Inc ($522k) and Rochester Community Care Home Inc ($522k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 77% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.