Worcester County Food Bank Inc

Analysis

Worcester County Food Bank Inc is a registered charity in United States, based in Shrewsbury, MA. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Worcester County Food Bank Inc reported income of $19.6m and spending of $17.6m, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $19.0m to $19.6m (+3.3%), an average of +1.1% a year. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Worcester County Food Bank Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Childrens Forum Inc ($19.6m), Uvalde Cisd Moving Forward Foundation ($19.6m) and Operation Sharing Tennessee ($19.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Other salaries and wages came to $640k. At year end it held assets of $21.3m against liabilities of $174k, net assets of $21.1m. It reported 18 employees.