Anne Arundel County Food Bank Inc

Analysis

Anne Arundel County Food Bank Inc is a registered charity in United States, based in Crownsville, MD. It received its IRS tax-exemption ruling in May 1990, 36 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 2024, Anne Arundel County Food Bank Inc reported income of $8.0m and spending of $7.1m, spending 89% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.4m to $8.0m (+137%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 72%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Anne Arundel County Food Bank Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include Zia Therapy Center Inc ($8.0m), YWCA of Greater Baton Rouge ($8.0m) and Lineage Foundation for Good ($8.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $137k (1.9% of expenses). Other salaries and wages came to $926k. At year end it held assets of $6.9m against liabilities of $289k, net assets of $6.6m. It reported 28 employees.