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Springfield Area Food Shelf

RegisteredEIN 47-2905876Springfield, MNPoverty relief
Income$82k2023-12
Spending$86ksame year
Spent / received96%2-year average
Size in its cause28th pctPoverty relief
Exempt since2015Publicly supported organisat
Employees–latest return

Analysis

Springfield Area Food Shelf is a registered charity in United States, based in Springfield, 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Springfield Area Food Shelf reported income of $82k and spending of $86k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $82k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Springfield Area Food Shelf sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 28th percentile within MN. Charities of a similar size with the same main cause include Gloucester Kennel Club of Virginia Inc ($82k), Vested Financial ($82k) and Project Smile Inc ($82k).

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 $98k against liabilities of $0, net assets of $98k.

Income and spending

$0$22k$43k$65k$86k2022 Income: $67,2172022 Spending: $56,76320222023 Income: $81,7562023 Spending: $86,0112023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Other 0.7%

Similar-sized charities, same cause

CharityLocationIncome
Gloucester Kennel Club of Virginia IncGloucester$82k
Vested FinancialAlexandria$82k
Project Smile IncHopedale$82k
Nicholtown Child and Family CollaborativeGreenville$82k