West Alabama Food Bank Inc

Analysis

West Alabama Food Bank Inc is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in November 1987, 39 years ago. 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, West Alabama Food Bank Inc reported income of $8.6m and spending of $8.2m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.1m to $8.6m (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Alabama Food Bank Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 97th percentile within AL. Charities of a similar size with the same main cause include Fayerweather Street School Inc ($8.6m), Opportunity of North Central Wisconsin Inc ($8.6m) and Girl Scouts of Greater Iowa ($8.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.0% of the total. Other salaries and wages came to $661k. It paid $3,191 in professional fundraising fees. At year end it held assets of $9.5m against liabilities of $1.6m, net assets of $7.9m. It reported 16 employees.