Food for the Hungry, Inc.

The information on this page was last updated 6/24/2022. If you see errors or omissions, please email: info@ministrywatch.com


Summary

The world is hungry, but the emptiness goes far beyond the table. The need is physical and spiritual. People hunger for opportunity, starve for resources, and have been stripped of value. These injustices keep us up at night.

Food for the Hungry seeks to end ALL forms of human poverty by going to the hard places and walking with the world's most vulnerable people. For fifty years, we've been serving through purposeful relief and development. We believe in the fight against poverty, which is why we serve the vulnerable in over 20 countries globally.


Contact information

Mailing address:
Food for the Hungry, Inc.
1224 E. Washington St.
Phoenix, AZ 85034-1102

Website: fh.org

Phone: (480) 998-3100

Email: donorhelp@fh.org


Organization details

EIN: 952680390

CEO/President: Mark Viso

Chairman: Mr. Larry Jones

Board size: 10

Founder: Dr. Larry Ward

Ruling year: 1971

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: Yes

Member of ECFA since: 1980


Purpose

We're moved and inspired by our Christian belief that every person has intrinsic value, and that it's our responsibility to advocate for the poor and marginalized without regard to race, creed or nationality and without adverse distinction of any kind. We serve on the basis of need alone. We strive to respect the culture and customs of the people we serve in order to preserve their humanity and dignity.

We provide life-changing resources such as clean water, medical aid, food, equal educational opportunities to girls and boys, vocational training and empowerment in the midst of unimaginable hardships. Our view of poverty is holistic and complex. We honor the people we serve by inviting them to contribute to the process. We are grateful to be invited into the communities we serve and work side-by-side with local leaders, responding to their needs with transformative solutions, which are both sustainable and implemented at the hands of the communities themselves.


Mission statement

Food for the Hungry is an international organization of Christian motivation, committed to working with poor people to overcome hunger and poverty through integrated self-development and relief programs. Relief efforts include famines in Africa, typhoons in Southeast Asia, floods in the United States, and earthquakes in Central America.


Statement of faith

Donor confidence score

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating652 of 103154 of 85
Fund acquisition rating814 of 103369 of 85
Resource allocation rating616 of 103351 of 85
Asset utilization rating345 of 103132 of 85

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%11%9%12%14%12%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%11%9%12%14%12%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%97%100%99%100%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%11%10%13%14%13%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%3%0%1%0%1%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
85%83%84%81%81%83%
Spending ratio Spending ratio =
Total expenses /
Total revenue
93%95%90%96%98%95%
Program output ratio Program output ratio =
Program services /
Total revenue
78%79%76%78%80%79%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
7%5%10%4%2%5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
13%14%36%20%13%31%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
7%6%6%6%5%4%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.502.122.233.563.923.98
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.221.181.171.351.351.40
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.222.492.594.795.285.57
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.595.923.893.872.922.84
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.170.260.260.340.35
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.534.013.441.861.501.40
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
11%20%31%26%32%31%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%4%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
52%38%31%21%17%17%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$42,505,735$36,977,890$13,751,375$11,503,099$16,346,150
Receivables, inventories, prepaids$9,533,567$14,853,429$6,019,939$7,151,928$5,683,728
Short-term investments$7,098,091$7,102,211$6,993,893$4,477,562$18,504
Other current assets$0$0$3,568,560$3,568,560$0
Total current assets$59,137,393$58,933,530$30,333,767$26,701,149$22,048,382
Long-term investments$3,436,338$3,436,338$4,295,604$4,295,604$4,295,604
Fixed assets$3,088,759$3,113,699$3,355,694$2,032,392$1,775,534
Other long-term assets$3,837,275$3,179,926$2,845,738$2,924,282$2,718,917
Total long-term assets$10,362,372$9,729,963$10,497,036$9,252,278$8,790,055
Total assets$69,499,765$68,663,493$40,830,803$35,953,427$30,838,437
 
Liabilities20212020201920182017
Payables and accrued expenses$5,797,668$10,031,325$5,143,132$6,194,375$5,200,200
Other current liabilities$4,195,935$5,119,981$2,700,577$2,946,988$2,563,179
Total current liabilities$9,993,603$15,151,306$7,843,709$9,141,363$7,763,379
Debt$0$2,840,772$0$24,832$66,479
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$4,083,735$3,277,507$2,741,170$2,442,660$1,662,190
Total long-term liabilities$4,083,735$6,118,279$2,741,170$2,467,492$1,728,669
Total liabilities$14,077,338$21,269,585$10,584,879$11,608,855$9,492,048
 
Net assets20212020201920182017
Without donor restrictions$34,260,511$27,234,940$14,455,976$9,877,657$8,835,779
With donor restrictions$21,161,916$20,158,968$15,789,948$14,466,915$12,510,610
Net assets$55,422,427$47,393,908$30,245,924$24,344,572$21,346,389
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$150,779,206$169,861,799$149,604,240$143,363,180$128,550,130
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$3,680,959($600,717)$378,668$224,264$240,731
Other revenue$621,368$851,966$1,201,087$406,560$663,243
Total other revenue$4,302,327$251,249$1,579,755$630,824$903,974
Total revenue$155,081,533$170,113,048$151,183,995$143,994,004$129,454,104
 
Expenses20212020201920182017
Program services$121,905,489$128,604,066$118,038,252$114,679,259$101,892,993
Management and general$8,670,684$8,522,860$8,528,864$6,606,978$5,364,357
Fundraising$16,487,574$15,767,930$18,587,561$19,655,790$15,525,054
Total expenses$147,063,747$152,894,856$145,154,677$140,942,027$122,782,404
 
Change in net assets20212020201920182017
Surplus (deficit)$8,017,786$17,218,192$6,029,318$3,051,977$6,671,700
Other changes in net assets$10,733($70,208)($127,966)($53,794)$0
Total change in net assets$8,028,519$17,147,984$5,901,352$2,998,183$6,671,700

Compensation

NameTitleCompensation
Scott LoutRegional Director Africa$281,135
Craig JaggersRegional Deputy Director$216,146
Luis Noda thru 82020VP-Transformational Engagement$207,732
Keith CowanCFO$200,340
Edward HatchInterim CEO (thru 8/31/2020)$179,649
Peter HowardCIOO (thru 8/15/2020)$176,357
Shep OwenSr Dir Relief/Humanitarian$175,066
Ben Greene thru 32020Chief Development Officer$167,083
Jeff ArensenRegional Director Africa$129,074

Compensation data as of: 9/30/2020


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 6/24/2022. To update the information below, please email: info@ministrywatch.com


History

Dr. Larry Ward was struck by the pain and sadness of knowing that thousands of children die each day from hunger-related causes. His work in relief and development opened his eyes, and he knew he had to do something more. In 1971, he founded Food for the Hungry (FH) based on a simple premise, if children died one at a time, he could help them one at a time. Thus began his lifelong mission to serve the world's most vulnerable people in the hard places. Our organization's name, Food for the Hungry, was inspired by Psalm 146:7, which reads:

"He upholds the cause of the oppressed and gives food to the hungry. The Lord sets prisoners free." Psalm 146:7

FH has been serving those who are living through unimaginable hardships for fifty years and today, FH works in more than 20 countries around the world providing life-changing resources such as clean water, medical aid, food, education, vocational training, spiritual development and hope.

1970s

In 1971, Dr. Larry Ward founded Food for the Hungry and in the next decade, responded to worldwide disasters in Bangladesh, Nicaragua, West Africa, Vietnam, Guatemala and Romania. After being particularly moved by the Vietnamese refugees adrift in the South China Sea, Ward and his colleagues purchased a boat to assist them to safety.

1980s

In 1980, FH launched its long-term missionary and self-support staff program called Hunger Corps, which provided a way for dedicated individuals to work in the field. FH also established an international office in Switzerland and affiliate organizations in Japan, Canada, Korea and the United Kingdom to expand the vision and work of FH to other continents. In 1984, Dr. Larry Ward retired and appointed Ted Yamamori as his successor and President of FH.

1990s

FH launched the Christian artist program, which allowed concert-goers all across the country to intersect with the message of hope and respond through child sponsorship. FH also began helping churches and other groups organize short-term trips to developing countries, bringing an effective and sustainable model to their global missions program.

2000s

FH responded to many devastating world crises, including the September 11 attacks in New York and the Indonesia tsunami that killed more than 280,000 people. FH also responded to earthquakes in El Salvador and India, famine in Malawi, a volcano in the Democratic Republic of Congo, a typhoon in South Korea, floods in Honduras and Nicaragua, war in Iraq, and to hurricanes in the Dominican Republic, Haiti, and New Orleans. In 2003, FH mourned the passing of Dr. Larry Ward.

2010s

In a decade of unprecedented global challenges, FH responded to the needs of the 2010 Haiti earthquake that destroyed nearly 1 million homes, Typhoon Haiyan in the Philippines, and cyclones Idai and Kenneth in Mozambique. Additionally, FH served in humanitarian crises like the Rohingya refugee crisis that displaced 1.2 million people, and the Syrian refugee crisis that affected nearly 12 million Syrians. A highlight of the decade was reestablishing FH work in Vietnam in 2019. In the onslaught of the COVID-19 pandemic in 2020, FH pivoted to help our global communities protect themselves from the virus.


Program accomplishments


Needs