Missouri Food Bank Association
Analysis
Missouri Food Bank Association is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in December 2010, 16 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, Missouri Food Bank Association reported income of $2.1m and spending of $1.8m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.1m (+85%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 87% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Missouri Food Bank Association sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MO. Charities of a similar size with the same main cause include Waymakers Foundation ($2.1m), LA New Times Western School Inc ($2.1m) and Friends of Keter Torah Inc ($2.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $86k (4.7% of expenses). Other salaries and wages came to $205k. At year end it held assets of $2.9m against liabilities of $177k, net assets of $2.7m. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 74%
- Program services 24%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Waymakers Foundation | N Chesterfld | $2.1m |
| LA New Times Western School Inc | Los Angeles | $2.1m |
| Friends of Keter Torah Inc | Brooklyn | $2.1m |
| Stanly County Family YMCA | Albemarle | $2.1m |