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Top Rated

Feeding America

CharityWatch report issued
May 2017

Top-Rated Charity
B+
CharityWatch Grade
Our independent grade based
on a number of factors.
 
76%
Program Percentage
Amount spent on programs
relative to overhead.
 
$30
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

Feeding America
35 East Wacker Dr.
Suite 2000
Chicago, IL 60601

Other Names

America's Second Harvest
Invest an Acre

Tax Status

501(c)3

Stated Mission

To feed America's hungry through a nationwide network of food banks and engage our country in the fight to end hunger.

View similar charities
Data based on Fiscal Year Ended 06/30/2016

Program Percentage: 76%

The percentage of Feeding America's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$135,000,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $30

How many dollars Feeding America spends on fundraising to raise each $100 of contributions.

$87,000,000

Calculated Total Contributions

(rounded)

Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
Feeding America IRS Form 990 36-3673599
Feeding America Audited Financial Statements 36-3673599
Entity: Feeding America
Document Type: IRS Form 990
Tax ID: 36-3673599
Entity: Feeding America
Document Type: Audited Financial Statements
Tax ID: 36-3673599

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
 
Feeding America
meets governance benchmarks.
 
Feeding America
meets transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy Opt-Out Policy  

  Name Title Compensation
1 Matthew Knott President $479,015
2 Paul Henrys CFO $354,150
3 Maura Daly Senior VP, Communications/Programming $338,247
1
Name: Matthew Knott
Title: President
Compensation: $479,015
2
Name: Paul Henrys
Title: CFO
Compensation: $354,150
3
Name: Maura Daly
Title: Senior VP, Communications/Programming
Compensation: $338,247

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.
According to the Feeding America audit of June 30, 2016 (Note 2(g), Donated Goods and Services), Feeding America received approximately $2,288,551,000 in donated goods and services in fiscal 2016. The value of donated food inventory received was $2,286,529,169, or about 99.9% of the total, according to Feeding America's fiscal 2016 tax filing (IRS Form 990, Schedule M).

[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.]
According to the Feeding America audit of June 30, 2016 (Note 8, Related-Party Transactions) [$s are in thousands, as indicated]:

"For the years ended June 30, 2016 and 2015, Feeding America recorded approximately $31,015 [thousand] and $29,497 [thousand], respectively, in cash and pledges and $1,342,179 [thousand] and $1,327,102 [thousand] in goods and services from companies that have representatives who are members of Feeding America's board of directors..."

[...]

"On May 22, 2014, Feeding America issued a $750 [thousand] revolving line of credit to a start-up food bank member for the acquisition of trucks and warehouse equipment. The line of credit bears interest at LIBOR plus 2.00% beginning in year three of the agreement. The agreement expires on December 31, 2017. As of June 30, 2016 and 2015, $638 [thousand] and $413 [thousand] are outstanding, respectively."

"On June 24, 2015, Feeding America issued a $300 [thousand] revolving line of credit to a food bank member for operating purposes. The line of credit bears interest at the LIBOR three-month maturity rate plus 2.00% beginning in year three of the agreement. The agreement expires on June 30, 2017. As of June 30, 2016 and 2015, $160 [thousand] and $80 [thousand] are outstanding, respectively."
According to the Feeding America audit of June 30, 2016 (Note 2(i), Donated Media (Unaudited)) [$s are in thousands, as indicated]:

"Feeding America considers donated media as contributions because they are voluntary nonreciprocal transfers from other entities. However, the value of donated media has not been recognized as donated services revenue in fiscal year 2016 or 2015 as management of Feeding America is currently unable to validate the methodologies used to estimate the fair value of donated media. Accordingly, donated media is not recognized as in-kind contribution revenue in the...financial statements given the major uncertainties about the estimated value of donated media. During the period from July 1, 2015 to March 31, 2016 and the year ended June 30, 2015, Feeding America's Public Service Announcement campaign in partnership with Ad Council received $57,407 [thousand] and $55,221 [thousand], respectively, in donated media support, mainly through radio, television, and outdoor channels, as estimated by the Ad Council."

[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.]

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