Brazos Valley Food Bank Inc

Analysis

Brazos Valley Food Bank Inc is a registered charity in United States, based in Bryan, TX. It received its IRS tax-exemption ruling in December 1985, 41 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, Brazos Valley Food Bank Inc reported income of $14.5m and spending of $14.8m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.4m to $14.5m (+16%), an average of +3.9% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brazos Valley Food Bank 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 97th percentile within TX. Charities of a similar size with the same main cause include Illinois Valley Economic Development Corporation ($14.5m), Circle of Care Inc ($14.5m) and Westmoreland County Food Bank Inc ($14.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $117k (0.8% of expenses). Other salaries and wages came to $996k. It paid $129k in professional fundraising fees. At year end it held assets of $10.4m against liabilities of $236k, net assets of $10.2m. It reported 44 employees.