Hubbard County Food Shelf

Analysis

Hubbard County Food Shelf is a registered charity in United States, based in Park Rapids, MN. It received its IRS tax-exemption ruling in March 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, Hubbard County Food Shelf reported income of $154k and spending of $185k, spending 120% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $287k to $154k (-46%), an average of -19% a year. The sharpest change came in the year to December 2021, when income dropped by 50%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hubbard County Food Shelf sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within MN. Charities of a similar size with the same main cause include Voices for Children of Tampa Bay Inc ($154k), PTA California Congress of Parents Teachers & Students Inc ($154k) and Worldlink Foundation ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $623k against liabilities of $0, net assets of $623k.