Montgomery County Food Council Inc

Analysis

Montgomery County Food Council Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in March 2018, 8 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, Montgomery County Food Council Inc reported income of $892k and spending of $922k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $348k to $892k (+157%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Montgomery County Food Council Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include Waunakee Neighborhood Connection Corp ($892k), Family Promise of Philadelphia ($892k) and Life Enrichment Center ($892k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $130k (14% of expenses). Other salaries and wages came to $459k. At year end it held assets of $399k against liabilities of $45k, net assets of $353k. It reported 12 employees.