Food & Harmony

Analysis

Food & Harmony is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in June 2019, 7 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Food & Harmony reported income of $533k and spending of $570k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $373k to $533k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income rose by 116%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Food & Harmony 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 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include All Saints Senior Housing NFP ($533k), Virginia Library Association ($533k) and Save Popponesett Bay Inc ($533k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $10k (1.8% of expenses). Other salaries and wages came to $138k. At year end it held assets of $343k against liabilities of $268k, net assets of $75k. It reported 19 employees.