Fauquier Community Food Bank and Thrift Store

Analysis

Fauquier Community Food Bank and Thrift Store is a registered charity in United States, based in Warrenton, VA. It received its IRS tax-exemption ruling in April 2012, 14 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, Fauquier Community Food Bank and Thrift Store reported income of $773k and spending of $475k, leaving 39% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $625k to $773k (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fauquier Community Food Bank and Thrift Store sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Metropolitan Wilmington Urban League Inc ($773k), San Ysidro Health National City Dev Corp ($773k) and B & B Academy Homes Inc ($773k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 62% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $109k (23% of expenses). Other salaries and wages came to $144k. At year end it held assets of $2.3m against liabilities of $18k, net assets of $2.3m. It reported 12 employees.