Kingman Area Food Bank

Analysis

Kingman Area Food Bank is a registered charity in United States, based in Kingman, AZ. It received its IRS tax-exemption ruling in December 1991, 35 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 June 2022, Kingman Area Food Bank reported income of $3.9m and spending of $3.6m, spending 90% of its income. Across the 3 years on record, from June 2020 to June 2022, income grew from $2.2m to $3.9m (+82%), an average of +35% a year. The sharpest change came in the year to June 2022, when income rose by 1088%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kingman Area Food Bank sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within AZ. Charities of a similar size with the same main cause include Outfest ($3.9m), Young Mens Christian Asso of Fayetteville NC Inc ($3.9m) and Safe & Just Michigan ($3.9m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $164k. At year end it held assets of $893k against liabilities of $7,445, net assets of $885k. It reported 3 employees.