Biddeford Food Pantry

Analysis

Biddeford Food Pantry is a registered charity in United States, based in Biddeford, ME. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover human services, 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 May 2024, Biddeford Food Pantry reported income of $401k and spending of $285k, leaving 29% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $197k to $401k (+104%), an average of +20% a year. The sharpest change came in the year to May 2021, when income rose by 90%. Over the whole period it spent 48% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Biddeford Food Pantry sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 62nd percentile within ME. Charities of a similar size with the same main cause include No Boundaries Integrated Services for Independent Living Inc ($401k), Haven of the Dan River Region ($401k) and Quarry Hill Farm Inc ($401k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $32k (11% of expenses). At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.