Mancelona Food Pantry & Resale Inc

Analysis

Mancelona Food Pantry & Resale Inc is a registered charity in United States, based in Mancelona, MI. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mancelona Food Pantry & Resale Inc reported income of $63k and spending of $78k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $106k to $63k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mancelona Food Pantry & Resale Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within MI. Charities of a similar size with the same main cause include Together Foundation Inc ($63k), Tricolore Committee ($63k) and One Life Matters ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $62k against liabilities of $174, net assets of $62k.