Tri-Cities Food Bank

Analysis

Tri-Cities Food Bank is a registered charity in United States, based in Kennewick, WA. It received its IRS tax-exemption ruling in December 1977, 49 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 September 2023, Tri-Cities Food Bank reported income of $5.3m and spending of $5.3m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.2m to $5.3m (+26%), an average of +5.9% a year. The sharpest change came in the year to September 2020, when income rose by 19%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tri-Cities Food Bank sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include Marie Detty Youth & Family Service Center Inc ($5.3m), Friends Center for Children Inc ($5.3m) and Center for Families and Relationships ($5.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.0m against liabilities of $58k, net assets of $3.0m.