Locker Lunch Inc
Analysis
Locker Lunch Inc is a registered charity in United States, based in Iron River, MI. It received its IRS tax-exemption ruling in May 2014, 12 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 2021, Locker Lunch Inc reported income of $318k and spending of $22k, leaving 93% of income unspent that year. Across the 2 years on record, from December 2018 to December 2021, income grew from $65k to $318k (+391%), an average of +391% a year. The sharpest change came in the year to December 2021, when income rose by 391%. Over the whole period it spent 10% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Locker Lunch Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Friends of Forgotten Children ($318k), Children and the Earth ($318k) and Chatham Association for Residential Services Inc ($318k).
On its Form 990 for the period ending December 2021, revenue came from contributions and grants 95% of the total. At year end it held assets of $334k against liabilities of $0, net assets of $334k.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 5.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friends of Forgotten Children | Concord | $318k |
| Children and the Earth | Sandy | $318k |
| Chatham Association for Residential Services Inc | Savannah | $318k |
| Lila Maes House | Sioux City | $318k |