The Alameda County Community Food Bank Inc

Analysis

The Alameda County Community Food Bank Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in August 1985, 41 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, The Alameda County Community Food Bank Inc reported income of $119.8m and spending of $121.4m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $66.8m to $119.8m (+79%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 52%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Alameda County Community Food Bank Inc 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 99th percentile within CA. Charities of a similar size with the same main cause include Franciscan Communities Inc ($119.0m), McGaw Medical Center of Northwestern University ($119.9m) and Mercy Hospital Ada Inc ($118.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $1.2m (1.0% of expenses). Other salaries and wages came to $11.0m. It paid $692k in professional fundraising fees. At year end it held assets of $86.3m against liabilities of $2.6m, net assets of $83.8m. It reported 162 employees.