Forks Community Food Bank

Analysis

Forks Community Food Bank is a registered charity in United States, based in Forks, WA. It received its IRS tax-exemption ruling in April 1994, 32 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, Forks Community Food Bank reported income of $230k and spending of $201k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $230k (+223%), an average of +34% a year. The sharpest change came in the year to December 2020, when income rose by 144%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Forks Community Food Bank sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include Action Resource Center ($230k), Cornerstone Apostolic Ministry Inc ($230k) and Bellevue East Little League ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 5.4% of the total. Other salaries and wages came to $42k. At year end it held assets of $414k against liabilities of $347, net assets of $414k. It reported 1 employees.