Greater Lansing Food Bank

Analysis

Greater Lansing Food Bank is a registered charity in United States, based in Bath, MI. It received its IRS tax-exemption ruling in August 1982, 44 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 2023, Greater Lansing Food Bank reported income of $18.4m and spending of $20.4m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.2m to $18.4m (+1.2%), an average of +0.3% a year. The sharpest change came in the year to June 2020, when income rose by 30%. 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, Greater Lansing Food Bank sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include Shalom Park ($18.4m), B J Jordan Child Care Programs Inc ($18.4m) and Sound Generations ($18.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $147k (0.7% of expenses). Other salaries and wages came to $1.9m. It paid $18k in professional fundraising fees. At year end it held assets of $13.4m against liabilities of $849k, net assets of $12.6m. It reported 58 employees.