Kfyi Knoxville Food Youth Initiative

Analysis

Kfyi Knoxville Food Youth Initiative is a registered charity in United States, based in Knoxville, IA. It received its IRS tax-exemption ruling in May 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, Kfyi Knoxville Food Youth Initiative reported income of $357k and spending of $335k, spending 94% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $222k to $357k (+61%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kfyi Knoxville Food Youth Initiative sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within IA. Charities of a similar size with the same main cause include Supporting the Taylor House ($357k), Senora Woods Retirement Community ($358k) and Hope America Inc ($357k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $67k. At year end it held assets of $226k against liabilities of $0, net assets of $226k. It reported 8 employees.