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Northwest Louisiana Food Bank

RegisteredEIN 72-1328890Shreveport, LAPoverty relief
Income$19.9m2023-06
Spending$18.7msame year
Spent / received84%5-year average
Size in its cause97th pctPoverty relief
Exempt since1996Publicly supported organisat
Employees26latest return

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

$0$8.3m$16.7m$25.0m$33.4m2019 Income: $18,516,8872019 Spending: $19,399,94620192020 Income: $24,597,0462020 Spending: $19,691,09720202021 Income: $33,380,6532021 Spending: $21,580,54920212022 Income: $19,803,5762022 Spending: $17,672,05420222023 Income: $19,949,8012023 Spending: $18,728,2512023
IncomeSpending

Where the income comes from

  • Contributions & grants 96%
  • Program services 2.7%
  • Other 1.3%

Similar-sized charities, same cause

CharityLocationIncome
Saint Antoine ResidenceN Smithfield$19.9m
Employment Source IncOakton$20.0m
Community Action Agency of Ok City & Ok Canadian Counties IncOklahoma City$19.9m
Pickersgill IncTowson$20.0m