The Feed Store

Analysis

The Feed Store is a registered charity in United States, based in Albany, TX. It received its IRS tax-exemption ruling in August 2007, 19 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 December 2023, The Feed Store reported income of $74k and spending of $163k, spending 222% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $115k to $74k (-36%), an average of -10% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 129% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Feed Store sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include We Trust in Him ($74k), Houston Employee Relieforganization Inc ($74k) and Society of St Vincent de Paul Council of Northern Kentucky ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Other salaries and wages came to $30k. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.