Palestine Community Food Pantry

Analysis

Palestine Community Food Pantry is a registered charity in United States, based in Palestine, TX. It received its IRS tax-exemption ruling in August 2014, 12 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 December 2023, Palestine Community Food Pantry reported income of $74k and spending of $35k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $74k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Palestine Community Food Pantry sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Agua Es Vida ($74k), 29 Palms Community Food Pantry & Outreach Ministries Inc ($74k) and Krewe of Hernando ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $132k against liabilities of $0, net assets of $132k.