Midland County Food Assistance Netw Ork

Analysis

Midland County Food Assistance Netw Ork is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in May 1985, 41 years ago. 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, Midland County Food Assistance Netw Ork reported income of $660k and spending of $531k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $512k to $660k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Midland County Food Assistance Netw Ork sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Development Corporation of Columbia Heights Inc ($660k), Volunteers of America Inc ($660k) and St Athanasius Academy of Orthodox Theology ($660k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $82k. At year end it held assets of $1.4m against liabilities of $9,064, net assets of $1.4m. It reported 7 employees.