Western Maryland Food Bank Inc

Analysis

Western Maryland Food Bank Inc is a registered charity in United States, based in Cumberland, MD. It received its IRS tax-exemption ruling in September 1983, 43 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 June 2022, Western Maryland Food Bank Inc reported income of $288k and spending of $317k, spending 110% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income grew from $282k to $288k (+2.0%), an average of +0.7% a year. The sharpest change came in the year to June 2021, when income rose by 119%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Western Maryland Food Bank Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MD. Charities of a similar size with the same main cause include Compass Womens Center ($288k), Patriot Housing Project ($288k) and Tri-County Adult Health Care Inc ($288k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 85% and program service revenue 12% of the total. Other salaries and wages came to $90k. At year end it held assets of $760k against liabilities of $32k, net assets of $727k.