Gleaners Community Food Bank of Southeastern Michigan

Analysis

Gleaners Community Food Bank of Southeastern Michigan is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in June 1977, 49 years ago. Its declared purposes cover food, agriculture and nutrition, 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 September 2023, Gleaners Community Food Bank of Southeastern Michigan reported income of $94.5m and spending of $91.0m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $76.4m to $94.5m (+24%), an average of +5.5% a year. The sharpest change came in the year to September 2020, when income rose by 58%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gleaners Community Food Bank of Southeastern Michigan sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MI. Charities of a similar size with the same main cause include Las Vegas-Clark County Urban League Caa ($94.4m), Motion Picture and Television Fund ($94.6m) and Freestore-Foodbank Inc ($94.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 8.7% of the total. Compensation of current officers, directors and key employees was $1.4m (1.5% of expenses). Other salaries and wages came to $6.9m. It paid $1.5m in professional fundraising fees. At year end it held assets of $52.6m against liabilities of $7.3m, net assets of $45.3m. It reported 188 employees.