Feeding the Need

Analysis

Feeding the Need is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Feeding the Need reported income of $192k and spending of $938k, spending 489% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.1m to $192k (-96%), an average of -56% a year. The sharpest change came in the year to June 2020, when income dropped by 96%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Feeding the Need sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within TN. Charities of a similar size with the same main cause include Armed Forces Mission Inc ($192k), Christian Service Center ($192k) and Sanon International Family Group Inc ($192k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $18.7m against liabilities of $17.4m, net assets of $1.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.