Mountain Home Food Basket Inc

Analysis

Mountain Home Food Basket Inc is a registered charity in United States, based in Mountain Home, AR. It received its IRS tax-exemption ruling in April 1987, 39 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mountain Home Food Basket Inc reported income of $152k and spending of $139k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $110k to $152k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mountain Home Food Basket Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within AR. Charities of a similar size with the same main cause include Angel Foundation LV ($152k), Hoosic Valley Volunteer Fire Co Inc ($152k) and Community Transportation Development ($152k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $437k against liabilities of $0, net assets of $437k.