Foodlink for Tulare County Inc

Analysis

Foodlink for Tulare County Inc is a registered charity in United States, based in Exeter, CA. It received its IRS tax-exemption ruling in July 1980, 46 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, Foodlink for Tulare County Inc reported income of $9.0m and spending of $9.2m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $9.0m (+120%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 294%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foodlink for Tulare County Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Boys and Girls Clubs of Sioux Empire ($9.0m), North Central Flint Hills Area Agency on Aging ($9.1m) and Community Action Committee Inc of Chambers-Tallapoosa-Coosa ($9.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $133k (1.4% of expenses). Other salaries and wages came to $651k. At year end it held assets of $6.5m against liabilities of $1.7m, net assets of $4.8m. It reported 19 employees.