McPherson County Food Bank Inc

Analysis

McPherson County Food Bank Inc is a registered charity in United States, based in McPherson, KS. It received its IRS tax-exemption ruling in July 1985, 41 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, McPherson County Food Bank Inc reported income of $328k and spending of $312k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $235k to $328k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, McPherson County Food Bank Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within KS. Charities of a similar size with the same main cause include Family Renewal Shelter ($327k), Global Fatherhood Foundation-Gff ($328k) and Inclusionworks ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $765k against liabilities of $4,543, net assets of $760k.