Food for Lane County

Analysis

Food for Lane County is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in October 1986, 40 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 June 2023, Food for Lane County reported income of $20.6m and spending of $21.4m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.6m to $20.6m (+5.2%), an average of +1.3% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Food for Lane County sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OR. Charities of a similar size with the same main cause include Pesach Tikvah-Hope Development Inc ($20.6m), Goodwill Industries of Northeastern Pa ($20.6m) and Service Corps of Retired Executives Association ($20.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $268k (1.3% of expenses). Other salaries and wages came to $3.6m. It paid $12k in professional fundraising fees. At year end it held assets of $22.9m against liabilities of $632k, net assets of $22.2m. It reported 141 employees.