Food Tank the Think Tank for Food

Analysis

Food Tank the Think Tank for Food is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 2014, 12 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 March 2023, Food Tank the Think Tank for Food reported income of $890k and spending of $826k, spending 93% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $604k to $890k (+47%), an average of +14% a year. The sharpest change came in the year to March 2023, when income rose by 59%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food Tank the Think Tank for Food sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include Maggies Wigs 4 Kids of Michigan Inc ($890k), Under One Roof Inc ($890k) and Knowbility Inc ($890k).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $172k. At year end it held assets of $443k against liabilities of $17k, net assets of $426k. It reported 2 employees.