Foodaid Com

Analysis

Foodaid Com is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in December 1999, 27 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, Foodaid Com reported income of $119k and spending of $128k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $140k to $119k (-15%), an average of -15% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foodaid Com sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within TN. Charities of a similar size with the same main cause include Bowl for Hunger ($119k), Triangle Community Ministry Inc ($119k) and Hope Food Pantry ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,278 against liabilities of $0, net assets of $6,278.