Foodbank of North Central Arkansas Norfork Community Care Program Inc

Analysis

Foodbank of North Central Arkansas Norfork Community Care Program Inc is a registered charity in United States, based in Mountain Home, AR. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foodbank of North Central Arkansas Norfork Community Care Program Inc reported income of $6.7m and spending of $6.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $6.7m (+52%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 62%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foodbank of North Central Arkansas Norfork Community Care Program Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within AR. Charities of a similar size with the same main cause include Jack and Jill Childrens Center Inc ($6.7m), Community Link Mission Inc ($6.7m) and Catholic Charities of KC St Joseph Inc ($6.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.3% of the total. Other salaries and wages came to $424k. It paid $494 in professional fundraising fees. At year end it held assets of $4.2m against liabilities of $1.7m, net assets of $2.5m. It reported 18 employees.