Manna Food Bank Incorporated

Analysis

Manna Food Bank Incorporated is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in December 1982, 44 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 September 2023, Manna Food Bank Incorporated reported income of $2.6m and spending of $2.5m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.4m to $2.6m (+83%), an average of +16% a year. The sharpest change came in the year to September 2020, when income rose by 62%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Manna Food Bank Incorporated sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Joplin Family Y ($2.6m), Feed Em Freedom ($2.6m) and Martha Lloyd School Inc ($2.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $123k (5.0% of expenses). Other salaries and wages came to $294k. At year end it held assets of $5.2m against liabilities of $38k, net assets of $5.2m. It reported 10 employees.