Feed the Children: How $415 Million in Annual Revenue Becomes 15 Million People Fed

Feed the Children deployed $393 million in program services in FY2024, feeding 15 million people with a 91% program expense ratio on $415 million in revenue.

Feed the Children: How $415 Million in Annual Revenue Becomes 15 Million People Fed Feed the Children deployed $393 million in program services in FY2024, feeding 15 million people with a 91% program expense ratio on $415 million in revenue. Aaron Rafferty March 22, 2026 Key Takeaways: Feed the Children reported $415 million in total revenue and deployed $393 million (91% program expense ratio) in program services during fiscal year 2024, reaching approximately 15 million people worldwide. Gifts-in-kind (donated goods) comprise 85% of total revenue, making the top-line figure heavily dependent on non-cash valuations while cash contributions hold steady around $49 million. Cash reserves declined from $9.8 million to $2.5 million over three years, and the organization distributed 94 million pounds of food and essentials with 39% of people served being under 18. Feed the Children reported $415 million in total revenue, gains, and other support in FY2024 (fiscal year ending June 30), with $393 million directed to program services. That 91% program expense ratio has held steady between 91% and 95% for five consecutive years. Charity Navigator rates the organization 4 stars with an accountability score of 99 out of 100. The numbers tell a specific story when you break them apart. Of that $415 million, approximately $353 million is gifts-in-kind, meaning donated goods valued at fair market price. Cash contributions came in at $49 million. Federal grants added $6.8 million, up from $1 million just two years earlier. The organization distributed 94 million pounds of food and essentials, reaching about 15 million people, 10 million in the US and 4.7 million internationally. Among those served, 39% were under 18. The cash side tells a different story. Cash and cash equivalents dro