Feed the Needy

Analysis

Feed the Needy is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in August 2013, 13 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, Feed the Needy reported income of $554k and spending of $480k, spending 87% of its income. The sharpest change came in the year to December 2023, when income rose by 29%. 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, Feed the Needy sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within TN. Charities of a similar size with the same main cause include Little Knights Learning Center ($554k), Volunteer Food and Resource Center ($554k) and Naugatuck Youth Services Inc ($554k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $33k (7.0% of expenses). At year end it held assets of $317k against liabilities of $0, net assets of $317k. It reported 3 employees.