Snohomish County Food Bank Coalition

Analysis

Snohomish County Food Bank Coalition is a registered charity in United States, based in Marysville, WA. It received its IRS tax-exemption ruling in September 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, Snohomish County Food Bank Coalition reported income of $714k and spending of $841k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.0m to $714k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Snohomish County Food Bank Coalition sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within WA. Charities of a similar size with the same main cause include Restored ($713k), Durks Neighborhood Heroes Inc ($714k) and Little Lakers Child Care Center ($713k).

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 $181k against liabilities of $0, net assets of $181k.