Lake Mills Food Pantry Inc
Analysis
Lake Mills Food Pantry Inc is a registered charity in United States, based in Lake Mills, WI. It received its IRS tax-exemption ruling in April 2008, 18 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, Lake Mills Food Pantry Inc reported income of $92k and spending of $114k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $92k (+12%), an average of +12% a year. Over the whole period it spent 89% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lake Mills Food Pantry Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within WI. Charities of a similar size with the same main cause include Green Lents ($92k), Webster Dudley Food Share Inc ($92k) and Canandaigua Churches in Action Inc ($92k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $372k against liabilities of $0, net assets of $372k.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 5.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Green Lents | Portland | $92k |
| Webster Dudley Food Share Inc | Webster | $92k |
| Canandaigua Churches in Action Inc | Canandaigua | $92k |
| Maxcen Farmers Corporation Inc | Plantation | $92k |