Marion-Polk Food Share Inc

Analysis

Marion-Polk Food Share Inc is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in October 1991, 35 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, Marion-Polk Food Share Inc reported income of $26.8m and spending of $21.6m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.6m to $26.8m (+84%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 41%. 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, Marion-Polk Food Share Inc 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 98th percentile, and in the 98th percentile within OR. Charities of a similar size with the same main cause include The Baptist Home ($26.8m), Bill Wilson Center ($26.8m) and Developmental Services of Sullivan County Inc ($26.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $178k (0.8% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $18.8m against liabilities of $1.2m, net assets of $17.6m. It reported 96 employees.