Feeding South Florida Inc

Analysis

Feeding South Florida Inc is a registered charity in United States, based in Pembroke Park, FL. It received its IRS tax-exemption ruling in July 1981, 45 years ago. Its declared purposes cover food, agriculture and nutrition, 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 2023, Feeding South Florida Inc reported income of $154.8m and spending of $157.4m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $230.7m to $154.8m (-33%), an average of -12% a year. The sharpest change came in the year to June 2022, when income dropped by 54%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Feeding South Florida Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within FL. Charities of a similar size with the same main cause include Icircle Services of the Finger Lakes Inc ($153.8m), Fresno County Economic Opportunities Commission ($155.6m) and Presbyterian Retirement Communities Inc ($153.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $293k (0.2% of expenses). Other salaries and wages came to $5.9m. It paid $288k in professional fundraising fees. At year end it held assets of $50.5m against liabilities of $5.9m, net assets of $44.6m. It reported 144 employees.