Lincoln County Food Bank Inc

Analysis

Lincoln County Food Bank Inc is a registered charity in United States, based in Ruidoso, NM. It received its IRS tax-exemption ruling in May 1987, 39 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, Lincoln County Food Bank Inc reported income of $213k and spending of $233k, spending 110% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $397k to $213k (-46%), an average of -19% a year. The sharpest change came in the year to December 2021, when income dropped by 43%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lincoln County Food Bank Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NM. Charities of a similar size with the same main cause include International Society for Animal Rights Inc ($213k), Fresno Police and Neighborhood Watch Association ($213k) and Little League Baseball Inc ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $515k against liabilities of $130k, net assets of $385k.