Ely Area Food Shelf
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 232,633 | 117,769 | 114,864 | 66.5 | 0% |
| 2022 | 264,801 | 121,625 | 143,176 | 78.3 | 25% |
| 2023 | 212,921 | 218,631 | −5,710 | 44.8 | 10% |
In its most recent public year (2023), this organization spent $5,710 more than it brought in. Its reserves stood at about 44.8 months of spending, down from 66.5 in 2021. Staff pay was 10% of spending. $4,331 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Ely Area Food Shelf's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works