|By PR Newswire||
|December 5, 2013 02:01 PM EST||
Cited for a 98 Percent Efficiency Rating
CHICAGO, Dec. 5, 2013 /PRNewswire-USNewswire/ -- Feeding America, the nation's largest domestic hunger-relief organization, ranks No. 4 on Forbes Magazine's list of the 50 top charities for 2013. Research for the Forbes' list was based on financial data from 2012.
This is the second year in a row Feeding America has been rated the No. 4 charity by Forbes, which also reported that Feeding America has a 98 percent efficiency rating.
"Feeding America is very grateful to our donors and supporters who help us provide food and groceries to 37 million low-income Americans each year," said Bob Aiken, CEO of Feeding America. "We are pleased to earn such high rankings from Forbes, while remaining mindful of the enormous challenges and responsibilities facing us as we work to provide meals to so many Americans in need."
Feeding America's placement on the list of the 50 largest charities is based on the amount of donations received in the latest fiscal year, as opposed to government grants, fee for service or investment revenue. In Fiscal Year 2012, Feeding America received more than $1.5 billion in cash and in-kind donations.
Forbes cited Feeding America's fund-raising efficiency rating of 98 percent, which is well above the average of 86 percent. They also noted that Feeding America has a charitable commitment of 97 percent.
As year-end approaches, Feeding America encourages people to give the gift of meals to those facing hunger. Each $1 donated provides nine meals to hungry Americans. Make a difference and Give a Meal by visiting www.feedingamerica.org/giveameal.
About Feeding America
Feeding America is a nationwide network of more than 200 food banks that leads the fight against hunger in the United States. Together, we provide food to more than 37 million people through 61,000 food pantries, soup kitchens, and shelters in communities across America. Feeding America also supports programs that improve food security among the people we serve; educates the public about the problem of hunger; and advocates for legislation that protects people from going hungry. Individuals, charities, businesses and government all have a role in ending hunger. Donate. Volunteer. Advocate. Educate. Together we can solve hunger. Visit http://www.feedingamerica.org/. Find us on Facebook at www.facebook.com/FeedingAmerica or follow us on Twitter at www.twitter.com/FeedingAmerica.
CONTACT: Ross Fraser, +1.312.641.6422, email@example.com
SOURCE Feeding America