Champlain Islands Food Shelf Inc

Analysis

Champlain Islands Food Shelf Inc is a registered charity in United States, based in North Hero, VT. It received its IRS tax-exemption ruling in June 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 June 2024, Champlain Islands Food Shelf Inc reported income of $155k and spending of $153k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $70k to $155k (+122%), an average of +122% a year. The sharpest change came in the year to June 2024, when income rose by 122%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Champlain Islands Food Shelf Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 38th percentile within VT. Charities of a similar size with the same main cause include Tharseo Place Inc ($155k), Folks at Home ($155k) and Utah Police Civilian Association Inc ($155k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 102% of the total. At year end it held assets of $82k against liabilities of $82k, net assets of $1.