Walpole Community Food Pantry Inc

Analysis

Walpole Community Food Pantry Inc is a registered charity in United States, based in Walpole, MA. It received its IRS tax-exemption ruling in November 1993, 33 years ago. 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, Walpole Community Food Pantry Inc reported income of $287k and spending of $364k, spending 127% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $251k to $287k (+15%), an average of +4.7% a year. The sharpest change came in the year to December 2023, when income rose by 172%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Walpole Community Food Pantry Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include Sun Prairie Nursery School Inc ($287k), T H Rogers School Parent Teacher Organization ($287k) and Columbus Colony Inc ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. Compensation of current officers, directors and key employees was $44k (12% of expenses). At year end it held assets of $378k against liabilities of $0, net assets of $378k.