Westborough Food Pantry Inc

Analysis

Westborough Food Pantry Inc is a registered charity in United States, based in Westborough, MA. It received its IRS tax-exemption ruling in February 1993, 33 years ago. 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, Westborough Food Pantry Inc reported income of $173k and spending of $161k, spending 93% of its income. Across the 4 years on record, from June 2021 to June 2024, income fell from $232k to $173k (-26%), an average of -9.4% a year. The sharpest change came in the year to June 2022, when income dropped by 40%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westborough Food Pantry Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include Howard Memorial Hospital Foundation ($173k), Western Gas Measurement Short Course Committee ($173k) and Smarter Memphis ($173k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 92% of the total. At year end it held assets of $493k against liabilities of $1,225, net assets of $492k.