Staples Area Food Shelf Inc

Analysis

Staples Area Food Shelf Inc is a registered charity in United States, based in Staples, MN. It received its IRS tax-exemption ruling in October 1983, 43 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Staples Area Food Shelf Inc reported income of $138k and spending of $115k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $122k to $138k (+13%), an average of +13% a year. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Staples Area Food Shelf Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within MN. Charities of a similar size with the same main cause include Child Evangelism Fellowship Inc Carbon & Lehigh Counties Epa Chapt ($138k), Family Bible Fellowship and Academy ($138k) and Saint Mary Coptic Orthodox Church Inc ($138k).

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 $240k against liabilities of $0, net assets of $240k.