High Plains Food Bank

Analysis

High Plains Food Bank is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in September 1982, 44 years ago. 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, High Plains Food Bank reported income of $19.8m and spending of $18.7m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $18.4m to $19.8m (+7.5%), an average of +1.8% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, High Plains 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 American Friends of the Ocean Cleanup Foundation ($19.7m), Pennsylvania School for the Deaf ($19.8m) and Pierce Mortuary Colleges Inc ($19.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $109k (0.6% of expenses). At year end it held assets of $19.3m against liabilities of $120k, net assets of $19.2m. It reported 48 employees.