Feed the Second Line

Analysis

Feed the Second Line is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover human services, 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, Feed the Second Line reported income of $1.2m and spending of $590k, leaving 52% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $211k to $1.2m (+481%), an average of +141% a year. The sharpest change came in the year to December 2022, when income rose by 207%. Over the whole period it spent 48% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Feed the Second Line sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within LA. Charities of a similar size with the same main cause include The Resource Center for Community ($1.2m), Third Chair ($1.2m) and Dadcamp Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $83k (14% of expenses). At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 2 employees.