Rutland Area Foodshelf

Analysis

Rutland Area Foodshelf is a registered charity in United States, based in Rutland, VT. It received its IRS tax-exemption ruling in March 1998, 28 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, Rutland Area Foodshelf reported income of $202k and spending of $244k, spending 121% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $353k to $202k (-43%), an average of -17% a year. The sharpest change came in the year to December 2021, when income dropped by 27%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rutland Area Foodshelf sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 45th percentile within VT. Charities of a similar size with the same main cause include Edgewood Ranch Endowment Inc ($202k), STL Village ($202k) and Volunteers in Service Vis ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $50k (21% of expenses). Other salaries and wages came to $18k. At year end it held assets of $648k against liabilities of $2,544, net assets of $646k. It reported 2 employees.