Arizona Food Bank Network
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
Where the income comes from
- Contributions & grants 94%
- Program services 6.0%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| One Hope United | Chicago | $77.9m |
| Jewish Family Service of San Diego | San Diego | $78.1m |
| Allied Health Care Services | Clarks Summit | $77.7m |
| John F Murphy Homes Inc | Auburn | $78.9m |