Meridian Food Bank Inc

Analysis

Meridian Food Bank Inc is a registered charity in United States, based in Meridian, ID. It received its IRS tax-exemption ruling in January 2006, 20 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 December 2023, Meridian Food Bank Inc reported income of $3.0m and spending of $3.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $3.0m (+48%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meridian Food Bank Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within ID. Charities of a similar size with the same main cause include Project Success of Vermilion County Inc ($3.0m), Al-Maauun ($3.0m) and Fresno State Programs for Children Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.