Carbon County Community Food Bank

Analysis

Carbon County Community Food Bank is a registered charity in United States, based in Red Lodge, MT. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Carbon County Community Food Bank reported income of $91k and spending of $48k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $91k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 50% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Carbon County Community Food Bank sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within MT. Charities of a similar size with the same main cause include Pathway Capital Funding Inc ($91k), Womens Impact Inc ($91k) and Travel for Kids Incorporated ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 14% of the total. At year end it held assets of $401k against liabilities of $0, net assets of $401k.