Community Harvest Food Bank of Northeast Indiana Inc

Analysis

Community Harvest Food Bank of Northeast Indiana Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in May 1984, 42 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, Community Harvest Food Bank of Northeast Indiana Inc reported income of $24.5m and spending of $23.9m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $24.2m to $24.5m (+1.4%), an average of +0.4% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Harvest Food Bank of Northeast Indiana Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IN. Charities of a similar size with the same main cause include Must Ministries Inc ($24.5m), Wissahickon Hospice of Uphs ($24.5m) and Citysquare ($24.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $151k (0.6% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $16.9m against liabilities of $381k, net assets of $16.5m. It reported 51 employees.