Food for Families Inc

Analysis

Food for Families Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2017, 9 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 December 2023, Food for Families Inc reported income of $132k and spending of $108k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $385k to $132k (-66%), an average of -24% a year. The sharpest change came in the year to December 2021, when income rose by 90%. 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 Families Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Friends of Good Shepherd International Inc ($132k), Willpower Community Foundation ($132k) and Shenandoah Valley Local Ministries Inc ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.