Foodraising Friends Inc

Analysis

Foodraising Friends Inc is a registered charity in United States, based in Milton, FL. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foodraising Friends Inc reported income of $195k and spending of $181k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $187k to $195k (+4.2%), an average of +4.2% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foodraising Friends Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Friends of the Chinook School ($195k), Out of Zion Inc ($195k) and Lotus Center ($195k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.