Central California Food Bank

Analysis

Central California Food Bank is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in January 1997, 29 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, Central California Food Bank reported income of $96.9m and spending of $94.7m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $80.8m to $96.9m (+20%), an average of +6.2% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Central California Food Bank sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Charity Global Inc ($96.8m), Three Square ($97.5m) and Triumph Gulf Coast Inc ($96.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $410k (0.4% of expenses). Other salaries and wages came to $3.3m. It paid $311k in professional fundraising fees. At year end it held assets of $57.4m against liabilities of $8.5m, net assets of $48.9m. It reported 71 employees.