Good Neighbors Food Pantry of Boyne City

Analysis

Good Neighbors Food Pantry of Boyne City is a registered charity in United States, based in Boyne City, MI. It received its IRS tax-exemption ruling in September 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 December 2023, Good Neighbors Food Pantry of Boyne City reported income of $143k and spending of $134k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $143k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good Neighbors Food Pantry of Boyne City sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MI. Charities of a similar size with the same main cause include St Pauls House Inc ($143k), Faith in Action Health Coalition ($143k) and California Honey Festival ($143k).

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 $295k against liabilities of $2,797, net assets of $292k.