Butte Emergency Food Bank

Analysis

Butte Emergency Food Bank is a registered charity in United States, based in Butte, MT. It received its IRS tax-exemption ruling in January 1992, 34 years ago. 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, Butte Emergency Food Bank reported income of $1.5m and spending of $1.4m, spending 88% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.4m to $1.5m (+8.2%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Butte Emergency Food Bank sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within MT. Charities of a similar size with the same main cause include Chapel Hill Day Care Center Inc ($1.5m), Crook County 4h and Ffa Livestock Sale Association Incorporated ($1.5m) and Cottonwood County Developmental Achievement Center Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $64k (4.7% of expenses). Other salaries and wages came to $90k. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m. It reported 11 employees.