Roadrunner Food Bank Inc

Analysis

Roadrunner Food Bank Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in January 1980, 46 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 June 2023, Roadrunner Food Bank Inc reported income of $120.1m and spending of $115.9m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $92.1m to $120.1m (+30%), an average of +9.3% a year. The sharpest change came in the year to June 2021, when income rose by 81%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Roadrunner Food Bank Inc sits at the 100th 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 100th percentile within NM. Charities of a similar size with the same main cause include Hope of the Valley Rescue Mission ($119.4m), The Neighborhood House Assn ($120.4m) and Open Sky Community Services Inc ($119.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $207k (0.2% of expenses). Other salaries and wages came to $5.0m. It paid $398k in professional fundraising fees. At year end it held assets of $56.9m against liabilities of $1.9m, net assets of $55.0m. It reported 149 employees.