Food Bank of Northern Indiana

Analysis

Food Bank of Northern Indiana is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in October 1993, 33 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Food Bank of Northern Indiana reported income of $20.8m and spending of $21.2m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.2m to $20.8m (+105%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 159%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food Bank of Northern Indiana 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 97th percentile, and in the 97th percentile within IN. Charities of a similar size with the same main cause include Verland Cla ($20.8m), Our Hospice of South Central Indiana Inc ($20.8m) and Anne Grady Corporation ($20.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $164k (0.8% of expenses). Other salaries and wages came to $596k. It paid $375k in professional fundraising fees. At year end it held assets of $10.7m against liabilities of $149k, net assets of $10.5m. It reported 38 employees.