Northern Illinois Food Bank

Analysis

Northern Illinois Food Bank is a registered charity in United States, based in Geneva, IL. It received its IRS tax-exemption ruling in December 1982, 44 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 2023, Northern Illinois Food Bank reported income of $147.0m and spending of $150.2m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $128.6m to $147.0m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2020, when income rose by 36%. 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, Northern Illinois Food Bank sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Nysarc Inc ($145.8m), Developmental Disabilities Institute Inc ($147.3m) and Cayuga Home for Children ($144.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 110% of the total. Compensation of current officers, directors and key employees was $1.2m (0.8% of expenses). Other salaries and wages came to $9.0m. It paid $870k in professional fundraising fees. At year end it held assets of $72.1m against liabilities of $10.5m, net assets of $61.6m. It reported 227 employees.