Custer County Food Bank Inc

Analysis

Custer County Food Bank Inc is a registered charity in United States, based in Miles City, MT. It received its IRS tax-exemption ruling in December 2001, 25 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, Custer County Food Bank Inc reported income of $163k and spending of $106k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $163k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Custer County Food Bank Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within MT. Charities of a similar size with the same main cause include Mahp Foundation ($163k), Montgomery County Agricultural ($163k) and Knoxville News-Sentinel Charities Inc ($163k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $417k against liabilities of $0, net assets of $417k.