River Food Pantry

Analysis

River Food Pantry is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in October 2006, 20 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, River Food Pantry reported income of $16.6m and spending of $12.8m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.6m to $16.6m (+150%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 89%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, River Food Pantry sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within WI. Charities of a similar size with the same main cause include Solvang Lutheran Home Inc ($16.6m), Food Bank of the Albemarle ($16.6m) and Crisis Assistance Ministry ($16.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $131k (1.0% of expenses). Other salaries and wages came to $1.1m. It paid $183k in professional fundraising fees. At year end it held assets of $9.3m against liabilities of $260k, net assets of $9.0m. It reported 39 employees.