Feed Thy Neighbor Inc

Analysis

Feed Thy Neighbor Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Feed Thy Neighbor Inc reported income of $467k and spending of $478k, spending 102% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $355k to $467k (+32%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Feed Thy Neighbor Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Eleven 21 Inc ($467k), First Baptist Church Christian Child Development Center ($467k) and Harari Amana Foundation Inc ($467k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $78k. At year end it held assets of $49k against liabilities of $0, net assets of $49k.