Sheboygan County Food Bank Inc

Analysis

Sheboygan County Food Bank Inc is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in March 2014, 12 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 December 2023, Sheboygan County Food Bank Inc reported income of $4.8m and spending of $4.0m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $4.8m (+56%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 83%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sheboygan County Food Bank Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within WI. Charities of a similar size with the same main cause include Violas House ($4.8m), Lincoln Self Reliance Incorporated ($4.8m) and The Home for the Aged of the Little Sisters of the Poor Inc ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $202k (5.1% of expenses). Other salaries and wages came to $286k. At year end it held assets of $5.7m against liabilities of $160k, net assets of $5.5m. It reported 12 employees.