Feed By Faith
Feed By Faith consistently operates at a deficit but maintains strong assets and zero executive compensation.
EIN: 113814582 · Meridian, MS · NTEE: K31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $56K |
| Total Expenses | $60K |
| Program Spending | 90% |
| Net Assets | $182K |
| Transparency Score | 85/100 |
Is Feed By Faith Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Feed By Faith directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Feed By Faith
Feed By Faith (EIN: 113814582) is a nonprofit organization based in Meridian, MS, classified under NTEE code K31. The organization reported total revenue of $56K and total assets of $182K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Feed By Faith's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Feed By Faith is a micro nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $56K |
| Total Expenses | $60K |
| Surplus / Deficit | $-4,167 |
| Total Assets | $182K |
| Net Assets | $182K |
| Operating Margin | -7.4% |
| Months of Reserves | 36.2 months |
Financial Health Grade: B
In 2023, Feed By Faith reported a deficit of $4K with expenses exceeding revenue, holds 36.2 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2013–2023), Feed By Faith's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.2% | -30.7% | +16.1% |
| 2021 | -18.3% | -20.1% | +8.5% |
| 2020 | +60.8% | +39.5% | -3.0% |
| 2019 | -19.2% | -13.3% | -11.0% |
| 2018 | -34.6% | -29.9% | -5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Feed By Faith with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Feed By Faith allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
Executive Compensation Analysis
Feed By Faith reports 0% officer compensation across all ten available filings, indicating that no executive salaries are paid, which is highly commendable for a nonprofit of its size and suggests a volunteer-led operational model.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Feed By Faith's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue in 9 out of 10 periods)
- Significant decline in revenue from $238,087 in 2014 to $56,116 in 2023
Strengths
The following positive indicators were identified for Feed By Faith:
- Zero officer compensation reported across all filings, indicating volunteer leadership and efficient use of funds.
- Zero liabilities reported in recent years (2017-2023), demonstrating strong financial health and no debt.
- Healthy asset base of $182,102 in 2023, providing a buffer against operational deficits.
Frequently Asked Questions about Feed By Faith
Is Feed By Faith a legitimate charity?
Feed By Faith (EIN: 113814582) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $56K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Feed By Faith spend its money?
Feed By Faith directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Feed By Faith tax-deductible?
Feed By Faith is registered as a tax-exempt nonprofit (EIN: 113814582). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Feed By Faith compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Feed By Faith is above average for NTEE category K31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Feed By Faith located?
Feed By Faith is headquartered in Meridian, Mississippi and files with the IRS under EIN 113814582. It is classified under NTEE code K31.
How many years of IRS 990 filings does Feed By Faith have?
Feed By Faith has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $56K in total revenue.
Is Feed By Faith a good charity?
Feed By Faith appears to be a good charity in terms of its commitment to program delivery, as evidenced by 0% officer compensation and a healthy asset base. However, its consistent operational deficits (expenses exceeding revenue in 9 out of 10 periods) raise questions about long-term financial sustainability, despite current assets.
How does Feed By Faith manage its finances?
Feed By Faith manages its finances by maintaining a strong asset base ($182,102 in 2023) and zero liabilities in recent years. However, it frequently spends more than it earns, as seen in 2023 where expenses ($60,283) exceeded revenue ($56,116), indicating reliance on past reserves or other non-revenue funding sources to cover operational costs.
What is the trend in Feed By Faith's revenue?
Feed By Faith's revenue has been highly variable, peaking at $238,087 in 2014 and declining to $56,116 in 2023. This shows a significant decrease in funding over the past decade, which could impact its ability to sustain operations without drawing down assets.
Filing History
IRS 990 filing history for Feed By Faith showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2023), Feed By Faith's revenue has grown by 96.6%, moving from $29K to $56K. Total assets increased by 2129.5% over the same period, from $8K to $182K. Total functional expenses rose by 45.1%, from $42K to $60K. In its most recent filing year (2023), Feed By Faith reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $56K | $60K | $182K | $0 | — | — |
| 2021 | $85K | $87K | $157K | $0 | — | — |
| 2020 | $104K | $109K | $145K | $0 | — | View 990 |
| 2019 | $65K | $78K | $149K | $0 | — | View 990 |
| 2018 | $80K | $90K | $167K | $0 | — | View 990 |
| 2017 | $123K | $128K | $177K | $0 | — | View 990 |
| 2016 | $69K | $92K | $184K | $2K | — | View 990 |
| 2015 | $119K | $84K | $205K | $0 | — | View 990 |
| 2014 | $238K | $42K | $219K | $63K | — | View 990 |
| 2013 | $29K | $42K | $8K | $108K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $56K, expenses of $60K, and assets of $182K (revenue -34.2% year-over-year).
- 2021: Revenue of $85K, expenses of $87K, and assets of $157K (revenue -18.3% year-over-year).
- 2020: Revenue of $104K, expenses of $109K, and assets of $145K (revenue +60.8% year-over-year).
- 2019: Revenue of $65K, expenses of $78K, and assets of $149K (revenue -19.2% year-over-year).
- 2018: Revenue of $80K, expenses of $90K, and assets of $167K (revenue -34.6% year-over-year).
- 2017: Revenue of $123K, expenses of $128K, and assets of $177K (revenue +77.2% year-over-year).
- 2016: Revenue of $69K, expenses of $92K, and assets of $184K (revenue -41.7% year-over-year).
- 2015: Revenue of $119K, expenses of $84K, and assets of $205K (revenue -50.0% year-over-year).
- 2014: Revenue of $238K, expenses of $42K, and assets of $219K (revenue +734.1% year-over-year).
- 2013: Revenue of $29K, expenses of $42K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Feed By Faith:
Data Sources and Methodology
This transparency report for Feed By Faith is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.