West Side Food Bank a Non-Profit Corporation

Analysis

West Side Food Bank a Non-Profit Corporation is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in June 1983, 43 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 June 2023, West Side Food Bank a Non-Profit Corporation reported income of $6.4m and spending of $8.0m, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $6.4m (+175%), an average of +29% a year. The sharpest change came in the year to June 2021, when income rose by 98%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, West Side Food Bank a Non-Profit Corporation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Center for Positive Changes ($6.4m), Make-A-Wish Foundation of Missouri and Kansas ($6.4m) and Grace Place for Children and Families Inc ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $321k (4.0% of expenses). Other salaries and wages came to $662k. At year end it held assets of $5.8m against liabilities of $1.3m, net assets of $4.5m. It reported 14 employees.