Itmann Food Bank

Analysis

Itmann Food Bank is a registered charity in United States, based in Mullens, WV. It received its IRS tax-exemption ruling in December 1995, 31 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, Itmann Food Bank reported income of $69k and spending of $90k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $92k to $69k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Itmann Food Bank sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within WV. Charities of a similar size with the same main cause include Redbird ($69k), Korean American Association of Greater Philadelphia Inc ($69k) and Owensville Senior Center ($69k).

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 $36k against liabilities of $0, net assets of $36k.