Area Food Shelf of New Richland

Analysis

Area Food Shelf of New Richland is a registered charity in United States, based in New Richland, MN. It received its IRS tax-exemption ruling in June 2013, 13 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, Area Food Shelf of New Richland reported income of $81k and spending of $73k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $81k (-11%), an average of -11% a year. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Area Food Shelf of New Richland sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within MN. Charities of a similar size with the same main cause include Alabama Blues Project ($81k), Nadine Foundation Corporation ($81k) and Rock and Roll for Children Foundation Inc ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $291k against liabilities of $0, net assets of $291k.