San Francisco Food Bank

Analysis

San Francisco Food Bank is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 1992, 34 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, San Francisco Food Bank reported income of $165.7m and spending of $169.3m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $104.4m to $165.7m (+59%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 46%. 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, San Francisco Food Bank 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 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Consortium for Elections and Political Process Strengthening ($165.1m), Concepts of Independence Inc ($165.8m) and Robert Morris University ($165.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $1.7m (1.0% of expenses). Other salaries and wages came to $21.2m. It paid $310k in professional fundraising fees. At year end it held assets of $125.2m against liabilities of $12.5m, net assets of $112.7m. It reported 301 employees.