Yakima Rotary Food Bank

Analysis

Yakima Rotary Food Bank is a registered charity in United States, based in Yakima, 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, Yakima Rotary Food Bank reported income of $3.7m and spending of $3.7m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $3.7m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yakima Rotary Food Bank sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WA. Charities of a similar size with the same main cause include Florence Crittenton Services Inc ($3.7m), Greater Cleveland Sports Commission ($3.7m) and Victims Information Bureau of Suffolk Inc C O James C Walsh ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $33k (0.9% of expenses). Other salaries and wages came to $8,064. At year end it held assets of $462k against liabilities of $2,448, net assets of $460k. It reported 4 employees.