Lamoille Community Food Share Inc

Analysis

Lamoille Community Food Share Inc is a registered charity in United States, based in Morrisville, VT. It received its IRS tax-exemption ruling in February 2003, 23 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, Lamoille Community Food Share Inc reported income of $378k and spending of $341k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $230k to $378k (+64%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 114%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lamoille Community Food Share Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 59th percentile within VT. Charities of a similar size with the same main cause include Hershey Food Bank and Community Outreach Inc ($378k), Northrop Loving Care Inc ($379k) and Loving Concern International ($378k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $69k. At year end it held assets of $468k against liabilities of $1,350, net assets of $467k. It reported 5 employees.