Capital Area Food Bank Foundation

Analysis

Capital Area Food Bank Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Capital Area Food Bank Foundation reported income of $1.8m and spending of $2.1m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.8m to $1.8m (-37%), an average of -11% a year. The sharpest change came in the year to June 2021, when income rose by 995%. Over the whole period it spent 22% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Capital Area Food Bank Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 65th percentile within DC. Charities of a similar size with the same main cause include Southern Illinois Center for Independent Living ($1.8m), Abc Happy Kids Learning Center Bentonville Inc ($1.8m) and Children in Conflict Inc ($1.8m).

At year end it held assets of $48.8m against liabilities of $0, net assets of $48.8m.