Kalamazoo Valley Gleaners Inc

Analysis

Kalamazoo Valley Gleaners Inc is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in March 2022, 4 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, Kalamazoo Valley Gleaners Inc reported income of $541k and spending of $55k, leaving 90% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $450k to $541k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 12% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kalamazoo Valley Gleaners Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Jordans Guardian Angels ($541k), National Adult Day Services Association Foundation ($541k) and Spokane Eastside Reunion Association ($541k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.