Post Falls Food Bank Inc

Analysis

Post Falls Food Bank Inc is a registered charity in United States, based in Post Falls, ID. It received its IRS tax-exemption ruling in April 1994, 32 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, Post Falls Food Bank Inc reported income of $2.9m and spending of $2.3m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.9m (+62%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Post Falls Food Bank Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within ID. Charities of a similar size with the same main cause include Marine Science Consortium Inc ($2.9m), Museo de Arte Contemporaneo de Puerto Rico Inc ($2.9m) and Hebrew Free Loan Association of San Francisco ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 0.2% of the total. Other salaries and wages came to $409k. At year end it held assets of $2.7m against liabilities of $3,576, net assets of $2.7m. It reported 14 employees.