Feed the Boro Inc

Analysis

Feed the Boro Inc is a registered charity in United States, based in Statesboro, GA. It received its IRS tax-exemption ruling in April 2021, 5 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 2023, Feed the Boro Inc reported income of $89k and spending of $81k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $89k (+9.8%), an average of +9.8% a year. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Feed the Boro Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within GA. Charities of a similar size with the same main cause include Mobility 4 Veterans ($89k), Decatur Senior Citizens Action Group ($89k) and Sugarplum Sled Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.