Missoula Food Bank & Community Center Incorporated

Analysis

Missoula Food Bank & Community Center Incorporated is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in April 1984, 42 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, Missoula Food Bank & Community Center Incorporated reported income of $6.1m and spending of $6.4m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.5m to $6.1m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2020, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Missoula Food Bank & Community Center Incorporated sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within MT. Charities of a similar size with the same main cause include New Story Inc ($6.1m), Arc of Putnam County Inc ($6.1m) and Southeast Alabama Youth Services Incorporated ($6.1m).

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 $117k (1.8% of expenses). Other salaries and wages came to $851k. At year end it held assets of $10.5m against liabilities of $198k, net assets of $10.3m. It reported 34 employees.