Community Food Bank

Analysis

Community Food Bank is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in September 1982, 44 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 December 2023, Community Food Bank reported income of $22.3m and spending of $22.5m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.5m to $22.3m (+79%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 73%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community 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 98th percentile within TX. Charities of a similar size with the same main cause include Youth and Family Alliance ($22.3m), Covenant House California ($22.3m) and Association for the Advancement of Mexican Americans ($22.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $637k. At year end it held assets of $2.4m against liabilities of $12k, net assets of $2.4m. It reported 15 employees.