Second Harvest Community Food Bank

Analysis

Second Harvest Community Food Bank is a registered charity in United States, based in Saint Joseph, MO. It received its IRS tax-exemption ruling in December 1982, 44 years ago. 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, Second Harvest Community Food Bank reported income of $11.8m and spending of $12.0m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $12.6m to $11.8m (-6.0%), an average of -1.5% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Second Harvest Community Food Bank sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within MO. Charities of a similar size with the same main cause include Bass River Day Activity Program Inc ($11.8m), North Country Food Bank Inc ($11.8m) and The St Francis Center ($11.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $127k (1.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.9m against liabilities of $760k, net assets of $3.1m. It reported 39 employees.