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Arizona Food Bank Network

RegisteredEIN 86-0507679Phoenix, AZPoverty relief
Income$78.1m2024-06
Spending$78.7msame year
Spent / received98%6-year average
Size in its cause99th pctPoverty relief
Exempt since1986Publicly supported organisat
Employees48latest return

Analysis

Arizona Food Bank Network is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 1986, 40 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 2024, Arizona Food Bank Network reported income of $78.1m and spending of $78.7m, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.5m to $78.1m (+3037%), an average of +99% a year. The sharpest change came in the year to June 2023, when income rose by 467%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arizona Food Bank Network 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 AZ. Charities of a similar size with the same main cause include One Hope United ($77.9m), Jewish Family Service of San Diego ($78.1m) and Allied Health Care Services ($77.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $312k (0.4% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $9.7m against liabilities of $3.2m, net assets of $6.6m. It reported 48 employees.

Income and spending

$0$19.7m$39.4m$59.0m$78.7m2019 Income: $2,489,5622019 Spending: $3,147,76820192020 Income: $4,496,3642020 Spending: $3,366,02320202021 Income: $10,515,4812021 Spending: $8,629,25920212022 Income: $12,101,7302022 Spending: $11,363,57720222023 Income: $68,647,7972023 Spending: $68,236,82520232024 Income: $78,092,6032024 Spending: $78,717,8522024
IncomeSpending

Where the income comes from

  • Contributions & grants 94%
  • Program services 6.0%
  • Other 0.2%

Similar-sized charities, same cause

CharityLocationIncome
One Hope UnitedChicago$77.9m
Jewish Family Service of San DiegoSan Diego$78.1m
Allied Health Care ServicesClarks Summit$77.7m
John F Murphy Homes IncAuburn$78.9m