Food for Thought
Analysis
Food for Thought is a registered charity in United States, based in Forestville, CA. It received its IRS tax-exemption ruling in May 1994, 32 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, Food for Thought reported income of $6.0m and spending of $4.6m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $6.0m (+110%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 86% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food for Thought sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include A B L E Inc ($6.0m), Popes Kids Place ($6.0m) and Achievement House Inc ($6.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $298k (6.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $10.6m against liabilities of $3.0m, net assets of $7.6m. It reported 37 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Program services 2.5%
- Other 3.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| A B L E Inc | LA Crescent | $6.0m |
| Popes Kids Place | Centralia | $6.0m |
| Achievement House Inc | Paso Robles | $6.0m |
| Operation Restoration | New Orleans | $6.0m |