Belmont Food Pantry

Analysis

Belmont Food Pantry is a registered charity in United States, based in Belmont, MA. It received its IRS tax-exemption ruling in June 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Belmont Food Pantry reported income of $144k and spending of $102k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $200k to $144k (-28%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 40% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Belmont Food Pantry sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include Avon Park Church Service Center Inc ($144k), Friends of Missions ($144k) and Community and Senior Center of Corryton Inc ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $530k against liabilities of $0, net assets of $530k.