Imperial Valley Food Bank

Analysis

Imperial Valley Food Bank is a registered charity in United States, based in Imperial, CA. It received its IRS tax-exemption ruling in December 1994, 32 years ago. 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 December 2023, Imperial Valley Food Bank reported income of $11.7m and spending of $10.6m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.6m to $11.7m (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 84%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Imperial Valley Food Bank sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Avery Coonley School ($11.7m), Arizonas Catholic Tuition Support Organization ($11.7m) and Catholic Charities of Southeast Michigan ($11.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $112k (1.1% of expenses). Other salaries and wages came to $816k. At year end it held assets of $18.2m against liabilities of $9.1m, net assets of $9.1m. It reported 18 employees.