Southeast Missouri Food Bank

Analysis

Southeast Missouri Food Bank is a registered charity in United States, based in Sikeston, MO. It received its IRS tax-exemption ruling in May 1986, 40 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southeast Missouri Food Bank reported income of $24.6m and spending of $23.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $19.8m to $24.6m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2020, when income rose by 46%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southeast Missouri Food Bank sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within MO. Charities of a similar size with the same main cause include Living Opportunities of Depaul Inc ($24.5m), Creative Options Inc ($24.6m) and Family Impact Network ($24.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.6% of the total. Other salaries and wages came to $1.3m. It paid $101k in professional fundraising fees. At year end it held assets of $19.4m against liabilities of $152k, net assets of $19.3m. It reported 33 employees.