Stanwood Camano Food Bank Services

Analysis

Stanwood Camano Food Bank Services is a registered charity in United States, based in Stanwood, WA. It received its IRS tax-exemption ruling in April 1984, 42 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 2023, Stanwood Camano Food Bank Services reported income of $2.3m and spending of $2.5m, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $3.0m to $2.3m (-24%), an average of -8.7% a year. The sharpest change came in the year to June 2023, when income dropped by 28%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stanwood Camano Food Bank Services sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WA. Charities of a similar size with the same main cause include My Extended Family ($2.3m), True North of Columbia Inc ($2.3m) and Open Circle Adult Day Care ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $425k. At year end it held assets of $4.1m against liabilities of $62k, net assets of $4.1m. It reported 28 employees.