Friday Harbor Food Bank

Analysis

Friday Harbor Food Bank is a registered charity in United States, based in Friday Harbor, WA. It received its IRS tax-exemption ruling in April 1983, 43 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, Friday Harbor Food Bank reported income of $251k and spending of $307k, spending 122% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $456k to $251k (-45%), an average of -18% a year. The sharpest change came in the year to December 2021, when income dropped by 47%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friday Harbor Food Bank sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within WA. Charities of a similar size with the same main cause include Blair County Historical Society ($251k), Association of Fundraising Professionals ($251k) and Artistic Resources for Teachers and Students Inc ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $61k. At year end it held assets of $794k against liabilities of $3,114, net assets of $791k. It reported 1 employees.