Food, Agriculture & Nutrition (K300) IRS Verified DX Registered 990 on File

FOOD RESEARCH & ACTION CENTER INC

EIN: 23-7200739 · WASHINGTON, DC 20036-1237 · United States · FY 2024 Data

3 out of 5 50 / 100 Based on 2+ years of filings

Financial strength (30%) 57/100

Reliability (20%) 55/100

Effectiveness (25%) 88/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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Mission Statement

FRAC is the leading national nonprofit organization working to eradicate poverty-related hunger and undernutrition in the United States. We: lead efforts to identify and communicate the connections among poverty, hunger, and obesity among low-income people conduct research to document the extent of hunger, its impact, and effective solutions; seek stronger federal, state and local public policies that will reduce hunger, undernutrition, and obesity; monitor the implementation of laws and serve as a watchdog of programs; provide coordination, training, technical assistance, and support on nutrition and anti-poverty issues to a nationwide network of advocates, service providers, food banks, program administrators and participants, and policymakers; and conduct public information campaigns to help promote changes in attitude and policies.

Financial Overview — FY 2024

$20.8M

Total Revenue

$21.5M

Total Expenses

$6.0M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 94.3%

Fundraising Efficiency 1905.2%

Operating Reserve 3.38x

Liability-to-Asset 50.8%

Revenue Diversification 94.5%

Executive Compensation $703K

Compared with Peers

FY 2024

Compared with 176 similar organizations (United States, Food, Agriculture & Nutrition, $10M–$100M in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	94.3%	94.7%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	3.6%	2.9%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	2.1%	2.1%	P10P90	Below median
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	1905.2%	723.0%	P10P90	Below median
Operating reserve Months of expenses covered by net assets · higher is better	3.4 mo	6.5 mo	P10P90	Below median
Liabilities to assets Total liabilities / total assets · lower is better	50.8%	9.2%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	94.5%	96.5%	P10P90	Above median
Revenue growth Year over year revenue growth	25.5%	11.7%	P10P90
Expense growth Year over year expense growth	45.2%	10.6%	P10P90
Surplus margin Surplus as a share of revenue	-3.3%	1.2%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$20.8M	$21.5M	$6.0M	94.3%	55
2023	$16.6M	$14.8M	$6.8M	87.0%	59
2022	$5.2M	$9.5M	$4.8M	81.5%	58
2021	$13.0M	$12.3M	N/A	—	62

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Organization Details

EIN: 23-7200739
State: DC
City: WASHINGTON
ZIP: 20036-1237
Classification: K300
Category: Food, Agriculture & Nutrition
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1970
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
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"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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