Waconia United Food Shelf

Analysis

Waconia United Food Shelf is a registered charity in United States, based in Waconia, MN. It received its IRS tax-exemption ruling in February 2015, 11 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 September 2023, Waconia United Food Shelf reported income of $349k and spending of $332k, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $311k to $349k (+12%), an average of +3.0% a year. The sharpest change came in the year to September 2020, when income rose by 58%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Waconia United Food Shelf sits at the 59th percentile: it is larger than about 58% 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 International Institute of Islamic Medicine ($349k), 360 Degree Development Institute Inc ($350k) and Happyfeatorg of Georgia Inc ($349k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $82k (25% of expenses). At year end it held assets of $739k against liabilities of $841, net assets of $739k. It reported 2 employees.