Community Food Bank of San Benito County

Analysis

Community Food Bank of San Benito County is a registered charity in United States, based in Hollister, CA. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Community Food Bank of San Benito County reported income of $6.6m and spending of $6.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $6.6m (+140%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 96%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Food Bank of San Benito County sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Camden S Charter School Network ($6.6m), The Escondido Community Child Development Center ($6.6m) and Monarch School Project ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $113k (1.8% of expenses). Other salaries and wages came to $491k. At year end it held assets of $5.1m against liabilities of $194k, net assets of $4.9m. It reported 16 employees.