Western Upper Peninsula Food Bank Inc

Analysis

Western Upper Peninsula Food Bank Inc is a registered charity in United States, based in Houghton, MI. It received its IRS tax-exemption ruling in October 2004, 22 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, Western Upper Peninsula Food Bank Inc reported income of $159k and spending of $175k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $172k to $159k (-7.6%), an average of -2.0% a year. The sharpest change came in the year to December 2020, when income rose by 91%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Western Upper Peninsula Food Bank Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within MI. Charities of a similar size with the same main cause include Council of Schools for the Blind ($159k), Institute for Responsible Online and Cell-Phone Communicatio ($159k) and Christians Alliance Inc ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 42% of the total. At year end it held assets of $764k against liabilities of $5,459, net assets of $759k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.