Food for People Inc

Analysis

Food for People Inc is a registered charity in United States, based in Eureka, CA. It received its IRS tax-exemption ruling in January 1982, 44 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 September 2023, Food for People Inc reported income of $8.5m and spending of $6.7m, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.4m to $8.5m (+58%), an average of +12% a year. The sharpest change came in the year to September 2020, when income rose by 20%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food for People Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Hamdard Health Alliance ($8.5m), Harvest Texarkana ($8.5m) and The Skagit Valley Family YMCA ($8.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $232k (3.5% of expenses). Other salaries and wages came to $954k. At year end it held assets of $11.3m against liabilities of $126k, net assets of $11.2m. It reported 29 employees.