Atlanta Community Food Bank Inc

Analysis

Atlanta Community Food Bank Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in February 1980, 46 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 2023, Atlanta Community Food Bank Inc reported income of $232.3m and spending of $251.9m, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $169.0m to $232.3m (+37%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Atlanta Community Food Bank Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within GA. Charities of a similar size with the same main cause include St Marys Food Bank Alliance ($231.6m), Community Coordinated Care for Children Inc ($232.4m) and The New York Foundling ($230.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $1.8m (0.7% of expenses). Other salaries and wages came to $11.8m. It paid $1.6m in professional fundraising fees. At year end it held assets of $51.4m against liabilities of $54.4m, net assets of -$2.9m. It reported 234 employees.