Food with Fam Inc

Analysis

Food with Fam Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2022, 4 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, Food with Fam Inc reported income of $65k and spending of $66k, spending 101% of its income. Across the 2 years on record, from December 2021 to December 2023, income grew from $34k to $65k (+90%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food with Fam Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include McDowell County F a C E S ($65k), Elite Community Foundation Inc ($65k) and Hiltons Heart Foundation Inc ($65k).

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 $15k against liabilities of $0, net assets of $15k.