Iron County Food Pantry

Analysis

Iron County Food Pantry is a registered charity in United States, based in Montreal, WI. It received its IRS tax-exemption ruling in February 2009, 17 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 December 2023, Iron County Food Pantry reported income of $59k and spending of $27k, leaving 54% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $54k to $59k (+9.2%), an average of +4.5% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Iron County Food Pantry sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within WI. Charities of a similar size with the same main cause include Dream Builders of Chesterfield Inc ($59k), Transformation Ministries Inc ($59k) and TFG Charitable Supply & Foundation ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $530k against liabilities of $0, net assets of $530k.