Yolo Food Bank

Analysis

Yolo Food Bank is a registered charity in United States, based in Woodland, CA. It received its IRS tax-exemption ruling in May 1971, 55 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, Yolo Food Bank reported income of $23.3m and spending of $23.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.2m to $23.3m (+128%), an average of +23% a year. The sharpest change came in the year to June 2020, when income rose by 76%. 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, Yolo Food Bank 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 98th percentile within CA. Charities of a similar size with the same main cause include Innovative Services Inc ($23.3m), Elm Terrace Gardens ($23.4m) and Deutsches Altenheim Inc ($23.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $103k (0.4% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $19.4m against liabilities of $8.6m, net assets of $10.8m. It reported 61 employees.