Friends of Grafton Inc Grafton Food Bank

Analysis

Friends of Grafton Inc Grafton Food Bank is a registered charity in United States, based in Grafton, MA. It received its IRS tax-exemption ruling in August 2014, 12 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 December 2023, Friends of Grafton Inc Grafton Food Bank reported income of $184k and spending of $233k, spending 127% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $236k to $184k (-22%), an average of -8.1% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Grafton Inc Grafton Food Bank sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include Calhoun County Housing Inc ($184k), Amshera ($184k) and Mama Nyumba ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $179k against liabilities of $0, net assets of $179k.