Food Bank Contra Costa and Solano

Analysis

Food Bank Contra Costa and Solano is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in July 1977, 49 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 June 2023, Food Bank Contra Costa and Solano reported income of $134.7m and spending of $140.9m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $90.0m to $134.7m (+50%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food Bank Contra Costa and Solano sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Welllife Network Inc ($133.9m), Hillside Childrens Center ($135.3m) and Metropolitan Family Services ($133.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $936k (0.7% of expenses). Other salaries and wages came to $7.7m. It paid $974k in professional fundraising fees. At year end it held assets of $41.4m against liabilities of $8.6m, net assets of $32.8m. It reported 146 employees.