Food For The Hungry Inc
- Assets
- $39.1m
- Revenue
- $163.9m
- Investments
- $0.0
- Employees
- 260
- Location
- Phoenix, AZ
- Founding
- 03/1971
- Data as of
- 09/2023
- EIN
- 95-2680390
Organization Overview
Food For The Hungry Inc is located in Phoenix, AZ. The organization was established in 1971. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 09/2023, Food For The Hungry Inc employed 260 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food For The Hungry Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Food For The Hungry Inc generated $163.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $161.7m during the year ending 09/2023. While expenses have increased by 4.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FOOD FOR THE HUNGRY IS A CHRISTIAN HUMANITARIAN AID AND GLOBAL DEVELOPMENT ORGANIZATION COMMITTED TO HELPING THE POOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL OTHER RELIEF AND DEVELOPMENT PROGRAMS - TO BUILD RESILIENCE SO COMMUNITIES CAN FLOURISH, EMERGENCY RELIEF AND REHABILITATION, CLEAN-WATER AND SANITATION PROJECTS, HEALTH EDUCATION AND INTERVENTION, AGRICULTURE DEVELOPMENT, INCOME GENERATION, LIFE-SKILLS TRAINING, AND EDUCATION PROGRAMS ARE CONDUCTED AROUND THE WORLD IN DEVELOPING COUNTRIES AND SPECIFICALLY IN THE HARD PLACES AMONG THE POOREST OF THE POOR. OVER 3.9 MILLION HAVE BEEN HELPED THIS PAST YEAR THROUGH THESE PROGRAMS.
CHILD SPONSORSHIP AND DEVELOPMENT PROGRAM - MONTHLY SPONSORSHIP EQUIPS FAMILIES TO BUILD RESILIENCE SO COMMUNITIES CAN FLOURISH. WE ADDRESS THE NUTRITION, EDUCATION, HEALTH, AND SPIRITUAL NEEDS OF A CHILD. BECAUSE THE PROGRAMS ARE FAMILY AND COMMUNITY BASED, GIFTS HELP THE ENTIRE FAMILY AND COMMUNITY. CURRENTLY THERE ARE OVER 174,000 SPONSORED CHILDREN IN 17 COUNTRIES AROUND THE WORLD. THESE COUNTRIES ARE BOLIVIA, PERU, DOMINICAN REPUBLIC, HAITI, GUATEMALA, NICARAGUA, BURUNDI, UGANDA, RWANDA, ETHIOPIA, KENYA, MOZAMBIQUE, CAMBODIA, BANGLADESH, INDONESIA, PHILIPPINES, AND VIETNAM.
PUBLIC AWARENESS AND EDUCATION PROGRAM - FOOD FOR THE HUNGRY SEEKS TO INFLUENCE THE CONVERSATIONS, POLICY DECISIONS, AND ACTIONS THAT IMPACT THE LIVES OF THE PEOPLE WE SERVE BY INCREASING OUR VISIBILITY AND LEADERSHIP AMONG PARTNERS, PEERS AND POLICYMAKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Board Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Board Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Board Vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Board Member (part Year) | Trustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Painting Hope Fundraising Speaker | 9/29/23 | $820,775 |
Candoris Technologies Llc Software Implementation Services | 9/29/23 | $876,500 |
Awakening Foundation Christian Music Artist Fundraising Events | 9/29/23 | $8,531,356 |
Elavon-blufin Payment Systems Credit Card Processor | 9/29/23 | $1,364,394 |
Undivided Cares Llc Christian Music Artist Fundraising Events | 9/29/23 | $10,948,436 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $534,742 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,498,714 |
| Government grants | $64,366,921 |
| All other contributions, gifts, grants, and similar amounts not included above | $96,557,522 |
| Noncash contributions included in lines 1a–1f | $27,334,026 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $162,957,899 |
| Total Program Service Revenue | $0 |
| Investment income | $246,504 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $31,600 |
| Net Gain/Loss on Asset Sales | $10,312 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $163,865,374 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $629,324 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $105,479,473 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $642,809 |
| Compensation of current officers, directors, key employees. | $134,026 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,449,404 |
| Pension plan accruals and contributions | $845,354 |
| Other employee benefits | $2,968,115 |
| Payroll taxes | $1,248,192 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $130,900 |
| Fees for services: Accounting | $215,555 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,054,545 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,081,158 |
| Advertising and promotion | $17,057,271 |
| Office expenses | $3,136,278 |
| Information technology | $919,657 |
| Royalties | $0 |
| Occupancy | $853,494 |
| Travel | $1,901,270 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $453,115 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $203,789 |
| Insurance | $204,024 |
| All other expenses | $70,377 |
| Total functional expenses | $161,722,346 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,550,388 |
| Savings and temporary cash investments | $86,171 |
| Pledges and grants receivable | $779,632 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,399,487 |
| Net Land, buildings, and equipment | $4,574,053 |
| Investments—publicly traded securities | $8,104,373 |
| Investments—other securities | $0 |
| Investments—program-related | $3,436,338 |
| Intangible assets | $0 |
| Other assets | $2,200,800 |
| Total assets | $39,131,242 |
| Accounts payable and accrued expenses | $2,331,668 |
| Grants payable | $0 |
| Deferred revenue | $838,062 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,663,683 |
| Total liabilities | $4,833,413 |
| Net assets without donor restrictions | $25,239,429 |
| Net assets with donor restrictions | $9,058,400 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $39,131,242 |
Grants Awarded
Over the last fiscal year, Food For The Hungry Inc has awarded $149,927 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MAVERICK CITY MUSIC INITIATIVE PURPOSE: Monthly sponsorship grants for youth and prison outreach | $127,427 |
THE SALVATION ARMY PURPOSE: Hurricane Ida response in Louisiana | $10,000 |
CENTER FOR US GLOBAL LEADERSHIP PURPOSE: Education grant related to Tribute Dinner | $12,500 |