Food Bank of East Alabama Inc

Analysis

Food Bank of East Alabama Inc is a registered charity in United States, based in Auburn, AL. It received its IRS tax-exemption ruling in July 1996, 30 years ago. 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, Food Bank of East Alabama Inc reported income of $13.4m and spending of $13.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.4m to $13.4m (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Food Bank of East Alabama Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 98th percentile within AL. Charities of a similar size with the same main cause include Target Community & Educational Services Inc ($13.4m), Public Citizen Foundation Inc ($13.4m) and Common Cause Education Fund ($13.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 4.0% of the total. Other salaries and wages came to $927k. It paid $81k in professional fundraising fees. At year end it held assets of $6.7m against liabilities of $127k, net assets of $6.6m. It reported 24 employees.