Boothbay Region Food Pantry

Analysis

Boothbay Region Food Pantry is a registered charity in United States, based in East Boothbay, ME. It received its IRS tax-exemption ruling in September 2010, 16 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 December 2023, Boothbay Region Food Pantry reported income of $193k and spending of $233k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $135k to $193k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boothbay Region Food Pantry sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 46th percentile within ME. Charities of a similar size with the same main cause include Helping Hands of Yuma ($193k), Tai Shan du Hu Association of America Inc ($193k) and Community Brickworks Inc ($193k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $295k against liabilities of $0, net assets of $295k.