Bbe Area Food Shelf Inc

Analysis

Bbe Area Food Shelf Inc is a registered charity in United States, based in Brooten, MN. It received its IRS tax-exemption ruling in December 2012, 14 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, Bbe Area Food Shelf Inc reported income of $68k and spending of $67k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $68k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bbe Area Food Shelf Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within MN. Charities of a similar size with the same main cause include A Hand Up Community Resource Center ($68k), Love Hope & Healing Inc ($68k) and Mary Therese Rose Fund Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.