Christian Food Bank of Salemburg
Analysis
Christian Food Bank of Salemburg is a registered charity in United States, based in Salemburg, NC. It received its IRS tax-exemption ruling in January 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 December 2023, Christian Food Bank of Salemburg reported income of $75k and spending of $77k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $75k (-3.5%), an average of -3.5% a year. Over the whole period it spent 106% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Christian Food Bank of Salemburg sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include Black Phoenix Foundation Inc ($75k), Friends of the Senior Center Inc ($75k) and Living on Purpose Atl Inc ($75k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Black Phoenix Foundation Inc | Oakland Park | $75k |
| Friends of the Senior Center Inc | Albemarle | $75k |
| Living on Purpose Atl Inc | Lithia Springs | $75k |
| Matthew 25 40 | Dyersburg | $75k |