Kalamazoo Loaves & Fishes

Analysis

Kalamazoo Loaves & Fishes is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in December 1983, 43 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 June 2024, Kalamazoo Loaves & Fishes reported income of $8.5m and spending of $8.3m, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $6.8m to $8.5m (+26%), an average of +4.8% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kalamazoo Loaves & Fishes sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include JCC Rockland Inc ($8.5m), Marthas Kitchen ($8.5m) and Roundup Fellowship Inc ($8.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $115k (1.4% of expenses). Other salaries and wages came to $997k. At year end it held assets of $7.8m against liabilities of $97k, net assets of $7.7m. It reported 32 employees.