Plainville Community Pantry Inc

Analysis

Plainville Community Pantry Inc is a registered charity in United States, based in Plainville, CT. It received its IRS tax-exemption ruling in March 1997, 29 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, Plainville Community Pantry Inc reported income of $549k and spending of $566k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $630k to $549k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Plainville Community Pantry Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within CT. Charities of a similar size with the same main cause include Hope House Coffee Co ($549k), North East Exchange Team - San Francisco ($549k) and Friends of the FDR Memorial Inc ($548k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $87k (15% of expenses). Other salaries and wages came to $97k. At year end it held assets of $1.2m against liabilities of $27k, net assets of $1.2m. It reported 4 employees.