Foodshot Global Inc

Analysis

Foodshot Global Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2018, 8 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, Foodshot Global Inc reported income of $660k and spending of $771k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $776k to $660k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2021, when income dropped by 47%. 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, Foodshot Global Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Pregnancy Help Center of Central Missouri ($660k), Family YMCA of Fayette County ($660k) and Ad-In Inc ($660k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $268k (35% of expenses). At year end it held assets of $547k against liabilities of $10k, net assets of $537k. It reported 2 employees.