Jackson County Food Bank Inc

Analysis

Jackson County Food Bank Inc is a registered charity in United States, based in MC Kee, KY. It received its IRS tax-exemption ruling in June 1987, 39 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, Jackson County Food Bank Inc reported income of $278k and spending of $256k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $410k to $278k (-32%), an average of -9.3% a year. The sharpest change came in the year to December 2021, when income dropped by 53%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jackson County Food Bank Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within KY. Charities of a similar size with the same main cause include No Longer Orphans ($278k), Children S Learning Center at Hunter College ($278k) and Pasadena Cottages Inc ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $183k against liabilities of $6,000, net assets of $177k.