Flathead Food Bank Inc

Analysis

Flathead Food Bank Inc is a registered charity in United States, based in Kalispell, MT. It received its IRS tax-exemption ruling in May 1983, 43 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 December 2023, Flathead Food Bank Inc reported income of $2.4m and spending of $2.5m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $2.4m (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2020, when income rose by 158%. 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, Flathead Food Bank Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within MT. Charities of a similar size with the same main cause include Africa Humanitarian Action Inc ($2.4m), Unity Partners ($2.4m) and Tesh Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $28k (1.2% of expenses). Other salaries and wages came to $344k. At year end it held assets of $3.1m against liabilities of $382k, net assets of $2.8m. It reported 16 employees.