Wauconda Island Lake Food Pantry Inc

Analysis

Wauconda Island Lake Food Pantry Inc is a registered charity in United States, based in Wauconda, IL. It received its IRS tax-exemption ruling in November 2004, 22 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 October 2023, Wauconda Island Lake Food Pantry Inc reported income of $204k and spending of $152k, leaving 26% of income unspent that year. Across the 3 years on record, from October 2021 to October 2023, income grew from $184k to $204k (+11%), an average of +5.2% a year. The sharpest change came in the year to October 2023, when income rose by 32%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wauconda Island Lake Food Pantry Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Spirit of a Hero Foundation ($204k), Soul Trak Outdoors ($204k) and Forever Families Through Adoptioninc ($204k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $656k against liabilities of $0, net assets of $656k.