Food on the Move Inc

Analysis

Food on the Move Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in June 2020, 6 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, Food on the Move Inc reported income of $4.5m and spending of $2.2m, leaving 51% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $4.2m to $4.5m (+8.0%), an average of +2.6% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food on the Move Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OK. Charities of a similar size with the same main cause include Notre Dame Volunteer Corporation ($4.5m), Share the Care Inc ($4.5m) and Blind and Vision Rehabilitation Services of Pittsburgh ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $48k (2.1% of expenses). Other salaries and wages came to $447k. At year end it held assets of $6.7m against liabilities of $1.5m, net assets of $5.2m. It reported 19 employees.