Corner Cupboard Food Bank

Analysis

Corner Cupboard Food Bank is a registered charity in United States, based in Waynesburg, PA. It received its IRS tax-exemption ruling in June 1993, 33 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 September 2023, Corner Cupboard Food Bank reported income of $534k and spending of $611k, spending 115% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $287k to $534k (+86%), an average of +17% a year. The sharpest change came in the year to September 2020, when income rose by 60%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Corner Cupboard Food Bank sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Northeastern Resources Development Corp ($534k), Sterling Area Senior Citizens ($534k) and The Freedom Foundation ($534k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $58k (9.4% of expenses). Other salaries and wages came to $99k. At year end it held assets of $670k against liabilities of $123k, net assets of $547k. It reported 5 employees.