Northmen Den Youth Pantries Inc

Analysis

Northmen Den Youth Pantries Inc is a registered charity in United States, based in Petoskey, MI. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover human services, 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, Northmen Den Youth Pantries Inc reported income of $271k and spending of $232k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $339k to $271k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northmen Den Youth Pantries Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include Wheels Transportation Inc ($271k), Preschool at Chapel of the Cross ($272k) and Ivy Table Inc ($271k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $254k against liabilities of $25k, net assets of $229k.