Storehouse Community Food Pantry

Analysis

Storehouse Community Food Pantry is a registered charity in United States, based in Vicksburg, MS. It received its IRS tax-exemption ruling in October 2004, 22 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, Storehouse Community Food Pantry reported income of $150k and spending of $117k, leaving 22% of income unspent that year. Across the 3 years on record, from September 2022 to September 2024, income grew from $89k to $150k (+68%), an average of +30% a year. The sharpest change came in the year to September 2024, when income rose by 116%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Storehouse Community Food Pantry sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within MS. Charities of a similar size with the same main cause include Johnson City Community Action Team Inc ($150k), Connect Palmer Inc ($150k) and Womans Club of Escondido ($150k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.