Key Peninsula Bischoff Food Bank

Analysis

Key Peninsula Bischoff Food Bank is a registered charity in United States, based in Vaughn, WA. It received its IRS tax-exemption ruling in December 2017, 9 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, Key Peninsula Bischoff Food Bank reported income of $879k and spending of $982k, spending 112% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $718k to $879k (+23%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Key Peninsula Bischoff Food Bank 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 WA. Charities of a similar size with the same main cause include Holly Springs Senior Citizens Home Inc ($879k), Family Connections Inc ($879k) and Slavic Community Center of NW Inc ($879k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $396k against liabilities of $0, net assets of $396k.