The Food Initiative of Greater Stan Siaus Inc

Analysis

The Food Initiative of Greater Stan Siaus Inc is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in July 1978, 48 years ago. Its declared purposes cover human services, 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 June 2023, The Food Initiative of Greater Stan Siaus Inc reported income of $3.5m and spending of $3.7m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.7m to $3.5m (-25%), an average of -7.0% a year. The sharpest change came in the year to June 2022, when income dropped by 18%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Food Initiative of Greater Stan Siaus 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 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Northstar Foundation ($3.5m), Sodexo Stop Hunger Foundation Inc ($3.5m) and Cabell - Huntington Coalition for the Homeless Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $142k (3.9% of expenses). Other salaries and wages came to $157k. At year end it held assets of $541k against liabilities of $95k, net assets of $446k. It reported 7 employees.