The Jefferson County Food Bank Association

Analysis

The Jefferson County Food Bank Association is a registered charity in United States, based in Port Hadlock, WA. It received its IRS tax-exemption ruling in February 1992, 34 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, The Jefferson County Food Bank Association reported income of $919k and spending of $468k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $283k to $919k (+225%), an average of +34% a year. The sharpest change came in the year to December 2020, when income rose by 244%. Over the whole period it spent 32% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Jefferson County Food Bank Association sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WA. Charities of a similar size with the same main cause include Hasselmann Prospekta Trust-Marjorys Trust a ($919k), CCSR Inc ($919k) and Hasselman Prospekta Trust-Marjorys Trust B ($919k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $3.6m against liabilities of -$364, net assets of $3.6m.