Greater Crossett Area Food Bank

Analysis

Greater Crossett Area Food Bank is a registered charity in United States, based in Crossett, AR. It received its IRS tax-exemption ruling in June 2022, 4 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, Greater Crossett Area Food Bank reported income of $79k and spending of $58k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $68k to $79k (+17%), an average of +8.0% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Crossett Area Food Bank sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within AR. Charities of a similar size with the same main cause include Community Youth Services Inc ($79k), GSH Ministries Inc ($79k) and Jf&cs Foundation Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $127k against liabilities of $0, net assets of $127k.