Orting Food Bank Inc
Orting Food Bank Inc consistently operates with revenues around $1 million and no reported officer compensation.
EIN: 208562623 · Orting, WA · NTEE: K31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.2M |
| Program Spending | 90% |
| Net Assets | $597K |
| Transparency Score | 92/100 |
Is Orting Food Bank Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Orting Food Bank Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Orting Food Bank Inc
Orting Food Bank Inc (EIN: 208562623) is a nonprofit organization based in Orting, WA, classified under NTEE code K31. The organization reported total revenue of $1.5M and total assets of $762K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Orting Food Bank Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Orting Food Bank Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-55,508 |
| Total Assets | $599K |
| Total Liabilities | $2K |
| Net Assets | $597K |
| Operating Margin | -4.7% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 5.8 months |
Financial Health Grade: B
In 2023, Orting Food Bank Inc reported a deficit of $56K with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Orting Food Bank Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.7% | +26.8% | -8.4% |
| 2022 | -12.3% | -8.5% | -8.1% |
| 2021 | -21.4% | -10.1% | -2.6% |
| 2020 | +36.9% | +20.1% | +25.5% |
| 2019 | -0.9% | -6.5% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Orting Food Bank Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Orting Food Bank Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $56K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Orting Food Bank Inc reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for donor trust and resource allocation to programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Orting Food Bank Inc:
- No reported officer compensation across all filings, indicating high efficiency and dedication.
- Consistently low liabilities (e.g., $2,437 in 2023), demonstrating strong financial management.
- Long history of IRS 990 filings (13 filings), showing commitment to transparency.
- Stable asset base (e.g., $762,045 latest, $598,970 in 2023) supporting ongoing operations.
- Consistent revenue generation, generally above $900,000 annually, indicating strong community support.
Frequently Asked Questions about Orting Food Bank Inc
Is Orting Food Bank Inc a legitimate charity?
Orting Food Bank Inc (EIN: 208562623) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Orting Food Bank Inc spend its money?
Orting Food Bank Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Orting Food Bank Inc tax-deductible?
Orting Food Bank Inc is registered as a tax-exempt nonprofit (EIN: 208562623). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Orting Food Bank Inc's spending goes to programs?
Orting Food Bank Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Orting Food Bank Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Orting Food Bank Inc is above average for NTEE category K31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Orting Food Bank Inc located?
Orting Food Bank Inc is headquartered in Orting, Washington and files with the IRS under EIN 208562623. It is classified under NTEE code K31.
How many years of IRS 990 filings does Orting Food Bank Inc have?
Orting Food Bank Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.5M in total revenue.
Is Orting Food Bank Inc a good charity?
Based on the provided data, Orting Food Bank Inc appears to be a very good charity. It consistently reports no officer compensation, maintains low liabilities, and has a long history of transparent IRS 990 filings, all of which are strong indicators of responsible financial management and dedication to its mission.
How has Orting Food Bank Inc's revenue trended over the past few years?
Orting Food Bank Inc's revenue has fluctuated but generally remained strong, ranging from $922,356 in 2022 to $1,338,545 in 2020, and most recently at $1,187,022 in 2023. This indicates a stable, albeit variable, funding base.
What is the organization's approach to executive compensation?
The organization has reported 0% officer compensation in all available IRS 990 filings, suggesting a commitment to directing resources towards its programs rather than high executive salaries.
Does Orting Food Bank Inc have significant debt?
No, Orting Food Bank Inc consistently maintains very low liabilities, typically under $4,000, indicating a strong financial position with minimal debt.
Filing History
IRS 990 filing history for Orting Food Bank Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Orting Food Bank Inc's revenue has grown by 205.3%, moving from $389K to $1.2M. Total assets increased by 43.1% over the same period, from $419K to $599K. Total functional expenses rose by 3968.4%, from $31K to $1.2M. In its most recent filing year (2023), Orting Food Bank Inc reported a deficit of $56K, with expenses exceeding revenue. The organization holds $2K in liabilities against $599K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $597K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.2M | $599K | $2K | — | — |
| 2022 | $922K | $980K | $654K | $2K | — | — |
| 2021 | $1.1M | $1.1M | $712K | $2K | — | View 990 |
| 2020 | $1.3M | $1.2M | $731K | $1K | — | View 990 |
| 2019 | $977K | $991K | $582K | $657 | — | View 990 |
| 2018 | $986K | $1.1M | $598K | $3K | — | View 990 |
| 2017 | $1.0M | $1.1M | $673K | $4K | — | View 990 |
| 2016 | $950K | $938K | $699K | $2K | — | View 990 |
| 2015 | $1.1M | $999K | $682K | $1K | — | View 990 |
| 2014 | $703K | $668K | $560K | $1K | — | View 990 |
| 2013 | $95K | $77K | $473K | $0 | — | View 990 |
| 2012 | $87K | $50K | $456K | $556 | — | View 990 |
| 2011 | $389K | $31K | $419K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.2M, and assets of $599K (revenue +28.7% year-over-year).
- 2022: Revenue of $922K, expenses of $980K, and assets of $654K (revenue -12.3% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.1M, and assets of $712K (revenue -21.4% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.2M, and assets of $731K (revenue +36.9% year-over-year).
- 2019: Revenue of $977K, expenses of $991K, and assets of $582K (revenue -0.9% year-over-year).
- 2018: Revenue of $986K, expenses of $1.1M, and assets of $598K (revenue -5.7% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.1M, and assets of $673K (revenue +10.1% year-over-year).
- 2016: Revenue of $950K, expenses of $938K, and assets of $699K (revenue -15.2% year-over-year).
- 2015: Revenue of $1.1M, expenses of $999K, and assets of $682K (revenue +59.3% year-over-year).
- 2014: Revenue of $703K, expenses of $668K, and assets of $560K (revenue +637.8% year-over-year).
- 2013: Revenue of $95K, expenses of $77K, and assets of $473K (revenue +9.8% year-over-year).
- 2012: Revenue of $87K, expenses of $50K, and assets of $456K (revenue -77.7% year-over-year).
- 2011: Revenue of $389K, expenses of $31K, and assets of $419K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Orting Food Bank Inc:
Data Sources and Methodology
This transparency report for Orting Food Bank Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.