Facing Hunger Foodbank Inc

Analysis

Facing Hunger Foodbank Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in February 1984, 42 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, Facing Hunger Foodbank Inc reported income of $18.6m and spending of $17.9m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.6m to $18.6m (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Facing Hunger Foodbank Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within WV. Charities of a similar size with the same main cause include Rebecca Residence ($18.5m), Mountain Valleys Health Centers ($18.6m) and Lake Forest Country Day School ($18.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $7.9m against liabilities of $2.6m, net assets of $5.3m. It reported 63 employees.