Neighbors Feeding Neighbors Food Ministry

Analysis

Neighbors Feeding Neighbors Food Ministry is a registered charity in United States, based in Erwin, TN. It received its IRS tax-exemption ruling in September 2019, 7 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, Neighbors Feeding Neighbors Food Ministry reported income of $556k and spending of $563k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $323k to $556k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighbors Feeding Neighbors Food Ministry sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within TN. Charities of a similar size with the same main cause include Warriors for Freedom Foundation ($556k), Glacier Valley Transit ($556k) and Rolla Mission ($556k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $50k (8.8% of expenses). Other salaries and wages came to $78k. At year end it held assets of $1.1m against liabilities of $1,685, net assets of $1.1m. It reported 9 employees.