Hugo Good Neighbors Food Shelf

Analysis

Hugo Good Neighbors Food Shelf is a registered charity in United States, based in Hugo, MN. It received its IRS tax-exemption ruling in September 2009, 17 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, Hugo Good Neighbors Food Shelf reported income of $273k and spending of $244k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $153k to $273k (+78%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 188%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hugo Good Neighbors Food Shelf sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include Talmar Inc ($273k), Roots and Wings Kids Inc ($273k) and Society of St Vincent de Paul District Council of Tyler ($273k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $112k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 5 employees.