Fort Lupton Food and Clothing Bank
Analysis
Fort Lupton Food and Clothing Bank is a registered charity in United States, based in Fort Lupton, CO. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover human services, 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, Fort Lupton Food and Clothing Bank reported income of $164k and spending of $137k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $164k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 94% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fort Lupton Food and Clothing Bank sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within CO. Charities of a similar size with the same main cause include Hatteras Island Meals Inc ($164k), Crozierlife Inc ($164k) and Particular Council of Santa Cruz County Society of St Vincent de ($164k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. At year end it held assets of $400k against liabilities of $2,792, net assets of $397k.
Income and spending
Where the income comes from
- Contributions & grants 75%
- Program services 24%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hatteras Island Meals Inc | Buxton | $164k |
| Crozierlife Inc | South Bend | $164k |
| Particular Council of Santa Cruz County Society of St Vincent de | Santa Cruz | $164k |
| Huron County Coalition Against Domestic Abuse | Bad Axe | $164k |