St Gregorys Pantry Inc

Analysis

St Gregorys Pantry Inc is a registered charity in United States, based in Mantoloking, NJ. It received its IRS tax-exemption ruling in September 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 February 2023, St Gregorys Pantry Inc reported income of $231k and spending of $199k, spending 86% of its income. Across the 4 years on record, from February 2020 to February 2023, income grew from $231k to $231k (+0.0%), an average of +0.0% a year. The sharpest change came in the year to February 2022, when income rose by 23%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Gregorys Pantry Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include Permanent Planning II of Governors Planning Area VII ($231k), Florida Cattlemans Foundation Inc ($231k) and Friendly Hands Food Bank Inc ($231k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $940k against liabilities of $0, net assets of $940k.