Elk Grove Food Bank Services

Analysis

Elk Grove Food Bank Services is a registered charity in United States, based in Elk Grove, CA. It received its IRS tax-exemption ruling in May 2004, 22 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 July 2023, Elk Grove Food Bank Services reported income of $6.2m and spending of $5.7m, spending 92% of its income. Across the 4 years on record, from July 2020 to July 2023, income fell from $9.2m to $6.2m (-33%), an average of -12% a year. The sharpest change came in the year to July 2021, when income dropped by 44%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elk Grove Food Bank Services sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Futures Unlimited Inc ($6.2m), United Neighborhood Houses of New York Inc ($6.2m) and The Broad Street Clinic Foundation ($6.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $106k (1.9% of expenses). Other salaries and wages came to $406k. At year end it held assets of $7.8m against liabilities of $130k, net assets of $7.6m. It reported 14 employees.