Mukilteo Food Bank

Analysis

Mukilteo Food Bank is a registered charity in United States, based in Mukilteo, WA. It received its IRS tax-exemption ruling in February 2002, 24 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 January 2024, Mukilteo Food Bank reported income of $180k and spending of $213k, spending 119% of what it took in. Across the 2 years on record, from January 2023 to January 2024, income grew from $146k to $180k (+24%), an average of +24% a year. The sharpest change came in the year to January 2024, when income rose by 24%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mukilteo Food Bank sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within WA. Charities of a similar size with the same main cause include Southport Island Association ($180k), First Richland Morrow Housing Inc VI ($180k) and Marysville Food Pantry Inc ($180k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 73% of the total. At year end it held assets of $224k against liabilities of $0, net assets of $224k.