New Ulm Area Emergency Food Shelf Inc

Analysis

New Ulm Area Emergency Food Shelf Inc is a registered charity in United States, based in New Ulm, MN. It received its IRS tax-exemption ruling in January 1984, 42 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, New Ulm Area Emergency Food Shelf Inc reported income of $342k and spending of $340k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $368k to $342k (-7.1%), an average of -1.8% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Ulm Area Emergency Food Shelf Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Russell United Methodist Daycare ($342k), Westerville Rowing Club Inc ($342k) and Ohio Association for Gifted Children ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $48k. At year end it held assets of $392k against liabilities of $0, net assets of $392k. It reported 1 employees.