Emergency Food Network of Tacoma and Pierce County

Analysis

Emergency Food Network of Tacoma and Pierce County is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in April 1995, 31 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, Emergency Food Network of Tacoma and Pierce County reported income of $33.4m and spending of $30.3m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $23.2m to $33.4m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2020, when income rose by 73%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Emergency Food Network of Tacoma and Pierce County 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 99th percentile within WA. Charities of a similar size with the same main cause include North East Educational and Developmental Supports Center Inc ($33.3m), Peconic Landing at Southold Inc ($33.4m) and Carroll Lutheran Village Inc ($33.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $165k (0.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $15.9m against liabilities of $1.1m, net assets of $14.8m. It reported 41 employees.