Priest Lake Food Bank Corp

Analysis

Priest Lake Food Bank Corp is a registered charity in United States, based in Priest Lake, ID. It received its IRS tax-exemption ruling in September 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 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, Priest Lake Food Bank Corp reported income of $108k and spending of $57k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $108k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Priest Lake Food Bank Corp sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within ID. Charities of a similar size with the same main cause include On Angels Wings ($108k), Renmen Foundation Inc ($108k) and Bontempo Inc ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $278k against liabilities of $0, net assets of $278k.