Merced County Food Bank

Analysis

Merced County Food Bank is a registered charity in United States, based in Merced, CA. It received its IRS tax-exemption ruling in October 2004, 22 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, Merced County Food Bank reported income of $12.1m and spending of $10.8m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.3m to $12.1m (+93%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 83%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Merced County Food Bank sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Living Arrangements for the Developmentally Disabled Inc ($12.1m), Young Mens Christian Association of High Point ($12.1m) and Hartwood Foundation Inc ($12.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $144k (1.3% of expenses). Other salaries and wages came to $757k. At year end it held assets of $12.8m against liabilities of $781k, net assets of $12.0m. It reported 15 employees.