Clothes and Food Basket of Lagrange County Inc

Analysis

Clothes and Food Basket of Lagrange County Inc is a registered charity in United States, based in Lagrange, IN. It received its IRS tax-exemption ruling in August 1985, 41 years ago. 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, Clothes and Food Basket of Lagrange County Inc reported income of $126k and spending of $137k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $111k to $126k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clothes and Food Basket of Lagrange County Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within IN. Charities of a similar size with the same main cause include Indiana Leadership Forum Incorporated ($126k), International Association of Sufism ($126k) and South Atlantic Modern Language Assoc ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $505k against liabilities of $0, net assets of $505k.