Food 1st Foundation

Analysis

Food 1st Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 1st Foundation reported income of $411k and spending of $374k, spending 91% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $3.8m to $411k (-89%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 98% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Food 1st Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Shaft Volunteer Fire Co ($411k), Delhi Volunteer Fire Department Inc ($411k) and New Washington Volunteer Fire Department Inc ($411k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $160k against liabilities of $41k, net assets of $119k.