Ely Area Food Shelf

Analysis

Ely Area Food Shelf is a registered charity in United States, based in Ely, MN. It received its IRS tax-exemption ruling in October 2020, 6 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, Ely Area Food Shelf reported income of $213k and spending of $219k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $233k to $213k (-8.5%), an average of -4.3% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ely Area Food Shelf sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MN. Charities of a similar size with the same main cause include Annes Anchor ($213k), Hunger Relief Ministries ($213k) and Two Talent Ministries ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $23k. It paid $8,282 in professional fundraising fees. At year end it held assets of $817k against liabilities of $0, net assets of $817k. It reported 1 employees.