Foothills Food Bank
Analysis
Foothills Food Bank is a registered charity in United States, based in Carefree, AZ. It received its IRS tax-exemption ruling in June 1989, 37 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, Foothills Food Bank reported income of $6.5m and spending of $5.7m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $6.5m (+84%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 82% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foothills Food Bank sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within AZ. Charities of a similar size with the same main cause include Waldorf School Association of Boulder Inc ($6.5m), Addiction Treatment Center of New England Inc ($6.6m) and Newmeadow Inc ($6.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $117k (2.1% of expenses). Other salaries and wages came to $388k. At year end it held assets of $6.4m against liabilities of $115k, net assets of $6.3m. It reported 13 employees.
Income and spending
Where the income comes from
- Contributions & grants 27%
- Program services 68%
- Other 5.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Waldorf School Association of Boulder Inc | Boulder | $6.5m |
| Addiction Treatment Center of New England Inc | Brighton | $6.6m |
| Newmeadow Inc | Halfmoon | $6.5m |
| Habitat for Humanity International Inc | Arlington | $6.6m |