Little Elm Area Food Bank

Analysis

Little Elm Area Food Bank is a registered charity in United States, based in Little Elm, TX. It received its IRS tax-exemption ruling in September 2024, 2 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 September 2023, Little Elm Area Food Bank reported income of $199k and spending of $154k, leaving 23% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $115k to $199k (+73%), an average of +15% a year. The sharpest change came in the year to September 2020, when income rose by 115%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Little Elm Area Food Bank sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Housing Corporation of Acadiana Inc ($199k), Cutliff Grove Family Resource Center Inc ($199k) and Safe Alliance Foundation ($199k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $485k against liabilities of $0, net assets of $485k.