Extended Hands Food Bank

Analysis

Extended Hands Food Bank is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 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 June 2024, Extended Hands Food Bank reported income of $689k and spending of $776k, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.3m to $689k (-45%), an average of -14% a year. The sharpest change came in the year to June 2022, when income dropped by 63%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Extended Hands Food Bank sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within AZ. Charities of a similar size with the same main cause include Cozad Community Foundation ($688k), Roger Williams Park Conservancy Inc ($689k) and Green Gables Haven ($688k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $130k (17% of expenses). At year end it held assets of $107k against liabilities of $0, net assets of $107k.