West Texas Food Bank

Analysis

West Texas Food Bank is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in October 1985, 41 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 September 2023, West Texas Food Bank reported income of $30.7m and spending of $26.0m, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $15.4m to $30.7m (+99%), an average of +19% a year. The sharpest change came in the year to September 2020, when income rose by 52%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Texas Food Bank sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include American Society for Engineering Education ($30.6m), Eversight ($30.7m) and The Kennedy Collective Inc ($30.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $503k (1.9% of expenses). Other salaries and wages came to $2.8m. It paid $216k in professional fundraising fees. At year end it held assets of $37.9m against liabilities of $675k, net assets of $37.2m. It reported 79 employees.