Feeding America Tampa Bay Inc

Analysis

Feeding America Tampa Bay Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in September 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 America Tampa Bay Inc reported income of $185.4m and spending of $186.5m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $118.7m to $185.4m (+56%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Feeding America Tampa Bay 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 Hamaspik of Kings County Inc ($184.9m), Edesia Inc ($185.7m) and Bowery Residents Committee Inc ($182.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $9.3m (5.0% of expenses). Other salaries and wages came to $343k. At year end it held assets of $71.3m against liabilities of $37.2m, net assets of $34.1m. It reported 182 employees.