Idaho Foodbank Warehouse

Analysis

Idaho Foodbank Warehouse is a registered charity in United States, based in Meridian, ID. It received its IRS tax-exemption ruling in August 1993, 33 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 April 2023, Idaho Foodbank Warehouse reported income of $57.7m and spending of $60.6m, spending 105% of its income. Across the 4 years on record, from April 2020 to April 2023, income grew from $51.8m to $57.7m (+11%), an average of +3.7% a year. The sharpest change came in the year to April 2021, when income rose by 40%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Idaho Foodbank Warehouse sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within ID. Charities of a similar size with the same main cause include Sunny Glen Childrens Home ($57.7m), Redwood Empire Food Bank ($57.8m) and Safe Children Coalition Inc ($57.6m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $586k (1.0% of expenses). Other salaries and wages came to $3.9m. It paid $581k in professional fundraising fees. At year end it held assets of $37.5m against liabilities of $844k, net assets of $36.6m. It reported 101 employees.