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Tri-State Food Bank

Evansville, IN · EIN 35-1539870 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2024 (tax year 2023) · View the filing · Correct or respond

Tri-State Food Bank reported $31.1 million in revenue and $31.2 million in expenses for the fiscal year ending June 30, 2024. Of every $100 it spent, $97.70 went to program services, $1.15 to management and general costs and $1.15 to fundraising. Its largest source of revenue was contributions and grants: 97.2% of the total. Government grants made up 45.8%. The highest compensation it reported for one person was $112,339 (EXECUTIVE DIRECTOR). 1 person received more than $100,000 in reportable compensation. Revenue rose 40% between FY2020 and FY2024. Source: Form 990, FY2024.

Where $100 of spending went

The fiscal year ending June 30, 2024 · Form 990, Part IX, line 25 · total expenses $31M

For context, the median across 349 covered food, agriculture & nutrition charities: $94.56 programs, $3.12 management, $2.32 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2024 · Form 990, Part VIII · total revenue $31M

The 990 scorecard · same measures for every charity, no grades

FY2024 filing. Median across 349 covered charities in this category, from their latest filings.
MeasureFY2024Median
Program services
Part IX 25(B) ÷ 25(A)
97.7%94.2%
Management & general
Part IX 25(C) ÷ 25(A)
1.2%3.1%
Fundraising
Part IX 25(D) ÷ 25(A)
1.1%2.3%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
97.2%96.4%
Government grants share of revenue
Part VIII 1e ÷ 12
45.8%10.5%
Program service revenue share
Part VIII 2g ÷ 12
2.6%1.3%
Highest reported compensation
Part VII-A, columns D–F
$112,339$213,323
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.36%0.61%
People paid over $100,000
Part VII, line 2
13
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
3.66.6
Independent voting board members
Part VI 1a–1b
13 of 13100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2024 · Form 990, Part III · the three largest programs by expense
$31M expenses · 100.0% of program spending · grants $25M

Feed the hungry by soliciting and judiciously distributing marketable surplus food to non-profit agencies, which serve the needy in a 33 county area of the tri-state. To serve as a channel through which donors may be assured good warehousing practices, equitable distribution, and accountability to the member agencies as well as to the needy. To monitor member agencies and to assist them in the various programs they sponsor. To educate the public about the nature of and the solutions to the problems of hunger. To encourage donors to practice the good stewardship of donations, not dumping…

Highest reported compensation

FY2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR
Officer, 40.00 hrs/week
$112,339$0$0$112,339

1 people received more than $100,000 in reportable compensation from Tri-State Food Bank (Part VII, line 2). Compensation of current officers, directors and key employees totaled $112K (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024$31M$31M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2024 ⓘ$31M$31M97.7%$9.3M$112,339
FY2023 ⓘ$26M$27M97.2%$9.1M$107,974
FY2022 ⓘ$24M$24M97.4%$9.8M$98,920
FY2021 ⓘ$33M$31M98.2%$9.9M$91,504
FY2020 ⓘ$22M$19M97.1%$7.5M$71,287

Governance answers, as filed

FY2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b13 · 13 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 545
  • Volunteers Part I, line 61,817

Private foundation grants it received

21 private foundations reported grants to Tri-State Food Bank totaling $350K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Tri-State Food Bank's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Tri-State Food Bank, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All food, agriculture & nutrition charities · Largest charities in Indiana

Questions people ask

How much of Tri-State Food Bank's spending goes to programs?

In the fiscal year ending June 30, 2024, Tri-State Food Bank reported that 97.7% of its $31.2 million in expenses went to program services, 1.2% to management and general and 1.1% to fundraising (Form 990, Part IX).

How much does Tri-State Food Bank pay its top executive?

The largest total compensation Tri-State Food Bank reported for one person in the fiscal year ending June 30, 2024 was $112,339, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Tri-State Food Bank get its money?

Of $31.1 million in revenue in the fiscal year ending June 30, 2024, 97.2% came from contributions and grants (including 45.8% from government grants) and 2.6% from program service revenue (Form 990, Part VIII).

Is Tri-State Food Bank a registered charity?

The IRS lists EIN 35-1539870 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202433519349300808 · read the filing · XML
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202430299349301688 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202320309349301122 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202123569349301242 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202033539349301318 · read the filing

All filings for EIN 35-1539870: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.