Food for Life of New Orleans Inc

Analysis

Food for Life of New Orleans Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in February 2000, 26 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 Life of New Orleans Inc reported income of $89k and spending of $89k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $103k to $89k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food for Life of New Orleans Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within LA. Charities of a similar size with the same main cause include Special Youth Challenge Ministries of Northwest Iowa Inc ($89k), The Recares Network ($89k) and Minnesota Assoc of Administrators of State & Fed Education Programs ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $7,090 in professional fundraising fees. At year end it held assets of $4,103 against liabilities of $0, net assets of $4,103.