Verona Community Food Pantry

Analysis

Verona Community Food Pantry is a registered charity in United States, based in Verona, VA. It received its IRS tax-exemption ruling in September 2006, 20 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, Verona Community Food Pantry reported income of $2.0m and spending of $2.0m, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.4m to $2.0m (+44%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Verona Community Food Pantry sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Twelveacres Incorporated ($2.0m), Family Access Network Foundation ($2.0m) and Embracing Destiny Foundation ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $777k against liabilities of $0, net assets of $777k.