Food Bank of Reno County Inc

Analysis

Food Bank of Reno County Inc is a registered charity in United States, based in Hutchinson, KS. It received its IRS tax-exemption ruling in October 1983, 43 years ago. 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, Food Bank of Reno County Inc reported income of $146k and spending of $167k, spending 115% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $227k to $146k (-36%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Food Bank of Reno County Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within KS. Charities of a similar size with the same main cause include J-Hawk Aquatic Club ($146k), Lodi Whittier Library ($146k) and Pawsibilities Vet Med ($146k).

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 $200k against liabilities of $0, net assets of $200k.