Medical Lake Food Bank Association

Analysis

Medical Lake Food Bank Association is a registered charity in United States, based in Medical Lake, WA. It received its IRS tax-exemption ruling in September 2024, 2 years ago. Its declared purposes cover human services, 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, Medical Lake Food Bank Association reported income of $513k and spending of $535k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $536k to $513k (-4.4%), an average of -1.1% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Medical Lake Food Bank Association sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within WA. Charities of a similar size with the same main cause include Hunters Sharing the Harvest Inc ($513k), Hug Mission Inc ($513k) and Families First of Palm Beach County Foundation Inc ($513k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $705k against liabilities of $0, net assets of $705k.