Annandale Area Community Foodshelf

Analysis

Annandale Area Community Foodshelf is a registered charity in United States, based in Annandale, MN. It received its IRS tax-exemption ruling in May 1984, 42 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, Annandale Area Community Foodshelf reported income of $180k and spending of $130k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $147k to $180k (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Annandale Area Community Foodshelf sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within MN. Charities of a similar size with the same main cause include Minnesota Government Finance Officers Association ($180k), Nebraska State Patrol Foundation Inc ($180k) and Bedford Citizen ($180k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.