Regional Food Bank Foundation

Analysis

Regional Food Bank Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Regional Food Bank Foundation reported income of $1.3m and spending of $436k, leaving 66% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $362k to $1.3m (+251%), an average of +37% a year. The sharpest change came in the year to June 2021, when income rose by 826%. Over the whole period it spent 22% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Regional Food Bank Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within OK. Charities of a similar size with the same main cause include Quayle Home Care ($1.3m), Harambee House Inc ($1.3m) and Steamboat Springs Discovery Learning Center ($1.3m).

At year end it held assets of $46.2m against liabilities of $0, net assets of $46.2m.