Friends Of The World Food Program Inc
Friends Of The World Food Program Inc shows significant revenue growth and no reported officer compensation, with a slight deficit in 2023.
EIN: 133843435 · Washington, DC · NTEE: P20 · Updated: 2026-03-28
Is Friends Of The World Food Program Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of The World Food Program Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of The World Food Program Inc
Friends Of The World Food Program Inc (EIN: 133843435) is a nonprofit organization based in Washington, DC, classified under NTEE code P20. The organization reported total revenue of $122.2M and total assets of $96.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The World Food Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of The World Food Program Inc is a major nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $137.5M |
| Total Expenses | $140.1M |
| Surplus / Deficit | $-2,598,826 |
| Total Assets | $83.7M |
| Total Liabilities | $55.5M |
| Net Assets | $28.2M |
| Operating Margin | -1.9% |
| Debt-to-Asset Ratio | 66.3% |
| Months of Reserves | 7.2 months |
Financial Health Grade: C
In 2023, Friends Of The World Food Program Inc reported a deficit of $2.6M with expenses exceeding revenue, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 66.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of The World Food Program Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.6% | +25.6% | -16.6% |
| 2022 | +107.9% | +113.9% | +296.0% |
| 2021 | +112.5% | +100.9% | +49.7% |
| 2020 | +47.1% | +33.8% | +25.1% |
| 2019 | +127.5% | +111.9% | +10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Friends Of The World Food Program Inc with a Mission Score of 92 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: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Friends Of The World Food Program Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% 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 $2.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 66.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is a strong positive for transparency and resource allocation.
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 Friends Of The World Food Program Inc's IRS 990 filings:
- Expenses ($140,087,871) slightly exceeded revenue ($137,489,045) in the 2023 fiscal period, leading to a net deficit for that year.
Strengths
The following positive indicators were identified for Friends Of The World Food Program Inc:
- Significant revenue growth, increasing from $8.4M in 2018 to $137.4M in 2023.
- Consistent reporting of 0% officer compensation across all filings, indicating high transparency and efficient use of funds.
- Strong asset base, reaching $100,371,737 in 2022, providing financial stability.
- Positive net income in most years, demonstrating effective financial management.
Frequently Asked Questions about Friends Of The World Food Program Inc
Is Friends Of The World Food Program Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The World Food Program Inc (EIN: 133843435) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Friends Of The World Food Program Inc spend its money?
Friends Of The World Food Program Inc directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of The World Food Program Inc tax-deductible?
Friends Of The World Food Program Inc is registered as a tax-exempt nonprofit (EIN: 133843435). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Friends Of The World Food Program Inc a good charity?
Based on the available IRS 990 data, Friends Of The World Food Program Inc appears to be a good charity. They demonstrate strong revenue growth (from $8.4M in 2018 to $137.4M in 2023), substantial assets, and a notable commitment to transparency by reporting 0% officer compensation across all filings.
How has the organization's revenue changed over time?
Friends Of The World Food Program Inc has experienced significant revenue growth, increasing from $8,413,351 in 2018 to $137,489,045 in 2023, indicating substantial expansion of its operations and fundraising capabilities.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, suggesting a highly efficient and transparent approach where executive salaries are not drawn from the organization's funds.
Filing History
IRS 990 filing history for Friends Of The World Food Program Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of The World Food Program Inc's revenue has grown by 246.7%, moving from $39.7M to $137.5M. Total assets increased by 360% over the same period, from $18.2M to $83.7M. Total functional expenses rose by 287.1%, from $36.2M to $140.1M. In its most recent filing year (2023), Friends Of The World Food Program Inc reported a deficit of $2.6M, with expenses exceeding revenue. The organization holds $55.5M in liabilities against $83.7M in assets (debt-to-asset ratio: 66.3%), resulting in net assets of $28.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $137.5M | $140.1M | $83.7M | $55.5M | — | View 990 |
| 2022 | $124.4M | $111.5M | $100.4M | $70.0M | — | View 990 |
| 2021 | $59.8M | $52.1M | $25.3M | $6.0M | — | View 990 |
| 2020 | $28.2M | $25.9M | $16.9M | $5.8M | — | View 990 |
| 2019 | $19.1M | $19.4M | $13.5M | $4.9M | — | View 990 |
| 2018 | $8.4M | $9.2M | $12.3M | $3.4M | — | View 990 |
| 2017 | $18.9M | $17.5M | $16.4M | $6.9M | — | View 990 |
| 2016 | $19.5M | $19.4M | $17.1M | $9.4M | — | View 990 |
| 2015 | $23.0M | $21.9M | $19.1M | $11.4M | — | View 990 |
| 2014 | $25.2M | $23.3M | $21.3M | $14.8M | — | View 990 |
| 2013 | $22.4M | $23.7M | $21.5M | $17.0M | — | View 990 |
| 2012 | $24.4M | $24.1M | $19.2M | $13.4M | — | View 990 |
| 2011 | $39.7M | $36.2M | $18.2M | $12.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $137.5M, expenses of $140.1M, and assets of $83.7M (revenue +10.6% year-over-year).
- 2022: Revenue of $124.4M, expenses of $111.5M, and assets of $100.4M (revenue +107.9% year-over-year).
- 2021: Revenue of $59.8M, expenses of $52.1M, and assets of $25.3M (revenue +112.5% year-over-year).
- 2020: Revenue of $28.2M, expenses of $25.9M, and assets of $16.9M (revenue +47.1% year-over-year).
- 2019: Revenue of $19.1M, expenses of $19.4M, and assets of $13.5M (revenue +127.5% year-over-year).
- 2018: Revenue of $8.4M, expenses of $9.2M, and assets of $12.3M (revenue -55.6% year-over-year).
- 2017: Revenue of $18.9M, expenses of $17.5M, and assets of $16.4M (revenue -2.7% year-over-year).
- 2016: Revenue of $19.5M, expenses of $19.4M, and assets of $17.1M (revenue -15.3% year-over-year).
- 2015: Revenue of $23.0M, expenses of $21.9M, and assets of $19.1M (revenue -8.8% year-over-year).
- 2014: Revenue of $25.2M, expenses of $23.3M, and assets of $21.3M (revenue +12.3% year-over-year).
- 2013: Revenue of $22.4M, expenses of $23.7M, and assets of $21.5M (revenue -8.0% year-over-year).
- 2012: Revenue of $24.4M, expenses of $24.1M, and assets of $19.2M (revenue -38.5% year-over-year).
- 2011: Revenue of $39.7M, expenses of $36.2M, and assets of $18.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of The World Food Program Inc:
Data Sources and Methodology
This transparency report for Friends Of The World Food Program Inc 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.