A collapsible feeder for birds, squirrels and the like and comprises a feeder body including a base and a rim. A series of hollow body segments of graduated diameters extend upwardly from the base within the rim to form a feeder body. The segment of smallest diameter is joined to the base and has a plurality of feed outlet openings formed therein to enable feed from within the feeder body to pass outwardly therefrom onto the base inwardly of the rim. A feeder lid is provided at the upper end of the segment of greatest diameter when the feeder body is in the extended position. The body segments include structure for yieldably maintaining the feeder in its straight extended position for filling and hanging. At least some of the body segments are comprised of a perforated metal material to enable the visual observation of the feed level within the feeder.