Richland County Food Bank Inc

Analysis

Richland County Food Bank Inc is a registered charity in United States, based in Sidney, MT. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover human services, 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, Richland County Food Bank Inc reported income of $240k and spending of $133k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $408k to $240k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 34% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Richland County Food Bank Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within MT. Charities of a similar size with the same main cause include One Love Community Program Inc ($239k), Red River County Agricultural Improvement Association Inc ($240k) and West Louisville Community Ministries Inc ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $802k against liabilities of $0, net assets of $802k.