Feeding the Gulf Coast

Analysis

Feeding the Gulf Coast is a registered charity in United States, based in Theodore, AL. It received its IRS tax-exemption ruling in March 1982, 44 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, Feeding the Gulf Coast reported income of $57.5m and spending of $56.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $43.0m to $57.5m (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Feeding the Gulf Coast sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within AL. Charities of a similar size with the same main cause include Great Lakes Community Action Partnership ($57.4m), The Opportunity Alliance ($57.6m) and Burke Center ($57.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $175k (0.3% of expenses). Other salaries and wages came to $3.3m. It paid $369k in professional fundraising fees. At year end it held assets of $29.4m against liabilities of $502k, net assets of $28.9m. It reported 112 employees.