Algonquin-Lake in the Hills Interfaith Food Pantry Inc

Analysis

Algonquin-Lake in the Hills Interfaith Food Pantry Inc is a registered charity in United States, based in Algonquin, IL. It received its IRS tax-exemption ruling in July 2000, 26 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 December 2023, Algonquin-Lake in the Hills Interfaith Food Pantry Inc reported income of $631k and spending of $646k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $583k to $631k (+8.3%), an average of +2.0% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Algonquin-Lake in the Hills Interfaith Food Pantry Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Association of Oncology Social Work Inc ($631k), Eastern Oklahoma Donated Dental Services ($631k) and United Polish American Social Services Inc ($631k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $37k. At year end it held assets of $622k against liabilities of $0, net assets of $622k. It reported 4 employees.