Project Feed the Kids

Analysis

Project Feed the Kids is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in August 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 (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, Project Feed the Kids reported income of $419k and spending of $329k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $630k to $419k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Feed the Kids sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include Solel International ($419k), Inspirations Childcare & Preschool Center ($419k) and African Missions Project Inc ($419k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $190k against liabilities of $41k, net assets of $149k.