Rainier Valley Food Bank
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,144,814 | 1,174,779 | −29,965 | 1.9 | 8% |
| 2011 | 1,587,235 | 1,609,940 | −22,705 | 1.2 | 8% |
| 2012 | 1,818,971 | 1,738,075 | 80,896 | 1.8 | 7% |
| 2013 | 1,863,424 | 1,858,769 | 4,655 | 1.7 | 7% |
| 2014 | 1,837,421 | 1,925,239 | −87,818 | 1.2 | 8% |
| 2015 | 2,186,782 | 2,138,158 | 48,624 | 1.4 | 7% |
| 2016 | 2,322,591 | 2,386,432 | −63,841 | 0.9 | 8% |
| 2017 | 2,684,973 | 2,520,391 | 164,582 | 1.6 | 9% |
| 2018 | 3,303,828 | 3,058,292 | 245,536 | 2.3 | 11% |
| 2019 | 3,063,115 | 3,095,948 | −32,833 | 2.2 | 13% |
| 2020 | 7,178,134 | 3,776,138 | 3,401,996 | 12.9 | 14% |
| 2021 | 6,011,703 | 3,727,654 | 2,284,049 | 22.4 | 23% |
| 2022 | 5,839,583 | 3,608,709 | 2,230,874 | 30.4 | 30% |
| 2023 | 6,120,893 | 4,015,602 | 2,105,291 | 33.4 | 27% |
In its most recent public year (2023), this organization brought in $2,105,291 more than it spent. Its reserves stood at about 33.4 months of spending, up from 1.9 in 2010. Staff pay was 27% of spending. $1,527,812 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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