Ballard Food Bank

Analysis

Ballard Food Bank is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 1989, 37 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 September 2023, Ballard Food Bank reported income of $10.3m and spending of $10.2m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $7.2m to $10.3m (+42%), an average of +9.2% a year. The sharpest change came in the year to September 2021, when income rose by 65%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ballard Food Bank sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within WA. Charities of a similar size with the same main cause include PKD Foundation ($10.3m), The Association for Research in Vision and Ophthalmology ($10.3m) and Greene Acres Nursing Home Assc Inc ($10.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $186k (1.8% of expenses). Other salaries and wages came to $1.6m. It paid $19k in professional fundraising fees. At year end it held assets of $19.7m against liabilities of $236k, net assets of $19.5m. It reported 25 employees.