College Park Community Food Bank

Analysis

College Park Community Food Bank is a registered charity in United States, based in College Park, MD. It received its IRS tax-exemption ruling in February 2022, 4 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 December 2023, College Park Community Food Bank reported income of $141k and spending of $145k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $319k to $141k (-56%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, College Park Community Food Bank sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MD. Charities of a similar size with the same main cause include PTS Foundation ($141k), Home in Stead Inc ($141k) and NYC Kids Project Inc ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $107k against liabilities of $0, net assets of $107k.