Quincy Community Food Bank

Analysis

Quincy Community Food Bank is a registered charity in United States, based in Quincy, WA. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Quincy Community Food Bank reported income of $1.2m and spending of $1.2m, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $786k to $1.2m (+55%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Quincy Community Food Bank sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Young Mens Christian Association of Clearfield ($1.2m), Onslow Victims Center ($1.2m) and Centro de Cuidado Diurno Habacuc ($1.2m).

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 $20k (1.6% of expenses). At year end it held assets of $189k against liabilities of $1,145, net assets of $187k. It reported 1 employees.