Food Bank of the Rockies Endowmentfund

Analysis

Food Bank of the Rockies Endowmentfund is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in September 2008, 18 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, Food Bank of the Rockies Endowmentfund reported income of $88k and spending of $34k, leaving 61% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $411k to $88k (-79%), an average of -40% a year. The sharpest change came in the year to June 2023, when income dropped by 60%. Over the whole period it spent 10% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food Bank of the Rockies Endowmentfund sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 30th percentile within CO. Charities of a similar size with the same main cause include Jans Circle of Friends ($88k), Successful Living Center ($88k) and Murphy Outback Youth Ministries ($88k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $4.3m against liabilities of $0, net assets of $4.3m.