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Sibley County Food Share Inc

RegisteredEIN 41-1442943Gaylord, MNPoverty relief
Income$103k2023-12
Spending$112ksame year
Spent / received105%2-year average
Size in its cause33rd pctPoverty relief
Exempt since2001Publicly supported organisat
Employees–latest return

Analysis

Sibley County Food Share Inc is a registered charity in United States, based in Gaylord, MN. It received its IRS tax-exemption ruling in January 2001, 25 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, Sibley County Food Share Inc reported income of $103k and spending of $112k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $103k (+0.8%), an average of +0.8% a year. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sibley County Food Share Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within MN. Charities of a similar size with the same main cause include Encore Park Dallas ($103k), Big Big Table Community Cafe Incorporated ($103k) and Shepherds Inn ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $156k against liabilities of $14, net assets of $156k.

Income and spending

$0$28k$56k$84k$112k2022 Income: $102,6292022 Spending: $103,22720222023 Income: $103,4732023 Spending: $112,3682023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Other 0.8%

Similar-sized charities, same cause

CharityLocationIncome
Encore Park DallasDallas$103k
Big Big Table Community Cafe IncorporatedBuffalo$103k
Shepherds InnElizabethton$103k
Family Resource Center of ZionZion$103k