The Parsons Pantry Inc

Analysis

The Parsons Pantry Inc is a registered charity in United States, based in Aiken, SC. It received its IRS tax-exemption ruling in March 2007, 19 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 September 2024, The Parsons Pantry Inc reported income of $70k and spending of $79k, spending 114% of what it took in. Across the 2 years on record, from September 2023 to September 2024, income grew from $69k to $70k (+1.4%), an average of +1.4% a year. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Parsons Pantry Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within SC. Charities of a similar size with the same main cause include Represent Inc ($70k), Swift Outdoor Accessible Recreation ($70k) and Gifts of Hope Unlimited Inc ($70k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.