Food Forward Inc

Analysis

Food Forward Inc is a registered charity in United States, based in North Hollywood, CA. It received its IRS tax-exemption ruling in July 2011, 15 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 Forward Inc reported income of $175.2m and spending of $174.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $46.0m to $175.2m (+281%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 159%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food Forward Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Childrens Council of San Francisco ($174.8m), AARP Foundation ($175.2m) and Keystone Service Systems Inc ($174.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $594k (0.3% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $17.5m against liabilities of $1.1m, net assets of $16.4m. It reported 56 employees.