Common Pantry

Analysis

Common Pantry is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 1971, 55 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, Common Pantry reported income of $2.6m and spending of $1.9m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $616k to $2.6m (+323%), an average of +43% a year. The sharpest change came in the year to December 2020, when income rose by 120%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Common Pantry sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Together Center ($2.6m), Habitat for Humanity International Inc ($2.6m) and International Union of Bricklayers and Allied Craftworkers ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $93k (4.9% of expenses). Other salaries and wages came to $282k. At year end it held assets of $4.3m against liabilities of $1.1m, net assets of $3.2m. It reported 9 employees.