Manna Conejo Valley Food Distribution Center Inc

Analysis

Manna Conejo Valley Food Distribution Center Inc is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in July 1979, 47 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 February 2024, Manna Conejo Valley Food Distribution Center Inc reported income of $1.3m and spending of $1.1m, spending 86% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $959k to $1.3m (+38%), an average of +8.3% a year. The sharpest change came in the year to February 2021, when income rose by 75%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Manna Conejo Valley Food Distribution Center Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Disabled Resources Center Inc ($1.3m), New Bethel Community Development Corporation ($1.3m) and Open Options Inc ($1.3m).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $203k. It paid $7,081 in professional fundraising fees. At year end it held assets of $4.9m against liabilities of $1.5m, net assets of $3.4m. It reported 4 employees.