Food for Kids Incorporated

Analysis

Food for Kids Incorporated is a registered charity in United States, based in Pearland, TX. It received its IRS tax-exemption ruling in December 1989, 37 years ago. Its declared purposes cover human services, 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 September 2023, Food for Kids Incorporated reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 4 years on record, from September 2020 to September 2023, income fell from $1.8m to $1.3m (-29%), an average of -11% a year. The sharpest change came in the year to September 2023, when income dropped by 32%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food for Kids Incorporated sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include New Bethlehem Community Center Inc ($1.3m), Operation New Hope ($1.3m) and Vermont Family Network ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $112k. At year end it held assets of -$2,284 against liabilities of $109k, net assets of -$111k. It reported 4 employees.