Chester County Food Bank

Analysis

Chester County Food Bank is a registered charity in United States, based in Exton, PA. It received its IRS tax-exemption ruling in October 2009, 17 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 2024, Chester County Food Bank reported income of $12.0m and spending of $9.1m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.5m to $12.0m (+61%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chester County Food Bank sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Arkansas Family Supports Inc ($12.0m), Greater Philadelphia Community Alliance ($12.0m) and Hope Network ($12.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $509k (5.6% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $20.6m against liabilities of $264k, net assets of $20.4m. It reported 44 employees.