Patrick County Community Food Bank

Analysis

Patrick County Community Food Bank is a registered charity in United States, based in Stuart, VA. It received its IRS tax-exemption ruling in December 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 June 2023, Patrick County Community Food Bank reported income of $76k and spending of $97k, spending 127% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $77k to $76k (-1.2%), an average of -1.2% a year. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Patrick County Community Food Bank sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within VA. Charities of a similar size with the same main cause include House of Grace ($76k), Rustic Youth Camp ($76k) and Keys Charity Fund ($76k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $121k against liabilities of $0, net assets of $121k.