Food for Kids Inc

Analysis

Food for Kids Inc is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in October 1991, 35 years ago. 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 September 2023, Food for Kids Inc reported income of $2.9m and spending of $3.0m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.8m to $2.9m (+59%), an average of +12% a year. The sharpest change came in the year to September 2021, when income rose by 22%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Food for Kids Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NV. Charities of a similar size with the same main cause include Wisconsin Primary Health Care Association Inc ($2.9m), Senior Friendship Centers Foundation Inc ($2.9m) and Visiting Nurses of the Lower Valley Inc ($2.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $63k (2.1% of expenses). Other salaries and wages came to $126k. At year end it held assets of $789k against liabilities of $689k, net assets of $100k. It reported 5 employees.