Kauai Food Bank Inc

Analysis

Kauai Food Bank Inc is a registered charity in United States, based in Lihue, HI. 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, Kauai Food Bank Inc reported income of $1.3m and spending of $1.3m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $841k to $1.3m (+54%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 184%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kauai Food Bank Inc sits at the 78th 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 82nd percentile within HI. Charities of a similar size with the same main cause include El Centro de Servicios Sociales Inc ($1.3m), New Creation Va ($1.3m) and Latino Organization of the Southwest ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $89k (6.7% of expenses). Other salaries and wages came to $209k. At year end it held assets of $2.3m against liabilities of $22k, net assets of $2.2m. It reported 8 employees.