Wakefield Food Pantry Inc

Analysis

Wakefield Food Pantry Inc is a registered charity in United States, based in Wakefield, MA. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2023, Wakefield Food Pantry Inc reported income of $592k and spending of $573k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $499k to $592k (+19%), an average of +4.3% a year. The sharpest change came in the year to June 2020, when income rose by 70%. Over the whole period it spent 71% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wakefield Food Pantry Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Arsha Bodha Center a New Jersey Nonprofit Corporation ($592k), Gond Community Church ($592k) and Nebowa Christian Services Camp ($591k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $71k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 3 employees.