Mayors Feed the Hungry Program Inc

Analysis

Mayors Feed the Hungry Program Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in March 1993, 33 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, Mayors Feed the Hungry Program Inc reported income of $321k and spending of $232k, leaving 28% of income unspent that year. Across the 6 years on record, from September 2019 to December 2023, income fell from $493k to $321k (-35%), an average of -8.2% a year. The sharpest change came in the year to September 2021, when income rose by 100%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mayors Feed the Hungry Program Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Fun in the Son ($321k), Umpqua Valley Farm to School ($321k) and Friendship House Roanoke Inc ($321k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $60k (26% of expenses). At year end it held assets of $236k against liabilities of $0, net assets of $236k. It reported 1 employees.