Second Harvest Foodbank of the Mahoning Valley

Analysis

Second Harvest Foodbank of the Mahoning Valley is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in July 1988, 38 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 December 2023, Second Harvest Foodbank of the Mahoning Valley reported income of $24.9m and spending of $23.6m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $20.0m to $24.9m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2020, when income rose by 61%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Second Harvest Foodbank of the Mahoning Valley 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 OH. Charities of a similar size with the same main cause include Sunbeam Family Services Inc ($24.9m), Valley Village ($24.9m) and Virginia United Methodist Homes of Williamsburg Inc ($24.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.4% of the total. Other salaries and wages came to $761k. It paid $83k in professional fundraising fees. At year end it held assets of $19.3m against liabilities of $265k, net assets of $19.0m. It reported 22 employees.