The Yellville Area Food Closet Association

Analysis

The Yellville Area Food Closet Association is a registered charity in United States, based in Yellville, AR. It received its IRS tax-exemption ruling in June 1990, 36 years ago. 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, The Yellville Area Food Closet Association reported income of $162k and spending of $105k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $162k (+110%), an average of +110% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Yellville Area Food Closet Association sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within AR. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($162k), Friends of the Rancho Cucamonga Library ($162k) and United Child-Care Center Inc ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $152k against liabilities of $0, net assets of $152k.