Sacramento Food Bank & Family Services

Analysis

Sacramento Food Bank & Family Services is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in March 1946, 80 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, Sacramento Food Bank & Family Services reported income of $80.6m and spending of $72.7m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $53.7m to $80.6m (+50%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sacramento Food Bank & Family Services sits at the 99th 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 Sullivan Orange Dutchess Counties Chapter Nysarc Inc ($80.6m), Financial Accounting Foundation ($80.8m) and Neomed Center Inc ($79.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $526k (0.7% of expenses). Other salaries and wages came to $4.2m. It paid $613k in professional fundraising fees. At year end it held assets of $49.6m against liabilities of $769k, net assets of $48.8m. It reported 106 employees.