Northwest Louisiana Food Bank
Analysis
Northwest Louisiana Food Bank is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in October 1996, 30 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 June 2023, Northwest Louisiana Food Bank reported income of $19.9m and spending of $18.7m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.5m to $19.9m (+7.7%), an average of +1.9% a year. The sharpest change came in the year to June 2022, when income dropped by 41%. Over the whole period it spent 84% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northwest Louisiana Food Bank sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within LA. Charities of a similar size with the same main cause include Saint Antoine Residence ($19.9m), Employment Source Inc ($20.0m) and Community Action Agency of Ok City & Ok Canadian Counties Inc ($19.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $110k (0.6% of expenses). Other salaries and wages came to $836k. At year end it held assets of $28.9m against liabilities of $505k, net assets of $28.4m. It reported 26 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Program services 2.7%
- Other 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Saint Antoine Residence | N Smithfield | $19.9m |
| Employment Source Inc | Oakton | $20.0m |
| Community Action Agency of Ok City & Ok Canadian Counties Inc | Oklahoma City | $19.9m |
| Pickersgill Inc | Towson | $20.0m |