Sauk Valley Foodbank

Analysis

Sauk Valley Foodbank is a registered charity in United States, based in Sterling, IL. It received its IRS tax-exemption ruling in December 2004, 22 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 September 2023, Sauk Valley Foodbank reported income of $3.9m and spending of $3.9m, spending 100% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $154k to $3.9m (+2431%), an average of +194% a year. The sharpest change came in the year to September 2021, when income rose by 4113%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sauk Valley Foodbank sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Monroe Association for Retarded Citizens Inc ($3.9m), Young Womens Christian Association of Sonoma County ($3.9m) and Community Against Violence Inc ($3.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $105k. At year end it held assets of $731k against liabilities of $2,284, net assets of $729k. It reported 13 employees.