Montesano Food Bank

Analysis

Montesano Food Bank is a registered charity in United States, based in Montesano, WA. It received its IRS tax-exemption ruling in April 1986, 40 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, Montesano Food Bank reported income of $97k and spending of $69k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $97k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montesano Food Bank sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 31st percentile within WA. Charities of a similar size with the same main cause include The Southern Jewish Historical Society ($97k), Association for Tropical Biology Inc ($97k) and Macjannet Foundation Inc ($97k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $215k against liabilities of $1, net assets of $215k.