Puyallup Food Bank

Analysis

Puyallup Food Bank is a registered charity in United States, based in Puyallup, WA. It received its IRS tax-exemption ruling in March 1973, 53 years ago. Its declared purposes cover human services, 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, Puyallup Food Bank reported income of $8.0m and spending of $8.2m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $8.0m (+95%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 87%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Puyallup Food Bank sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WA. Charities of a similar size with the same main cause include Tippecanoe County Child Care Inc ($8.0m), Building Bridges Foster Family Agency ($8.0m) and Northeast Ms Community SVCS Inc ($8.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $98k (1.2% of expenses). Other salaries and wages came to $422k. At year end it held assets of $3.7m against liabilities of $1.0m, net assets of $2.7m. It reported 13 employees.