Pine Island Food Pantry Inc

Analysis

Pine Island Food Pantry Inc is a registered charity in United States, based in Bokeelia, FL. It received its IRS tax-exemption ruling in May 2010, 16 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, Pine Island Food Pantry Inc reported income of $91k and spending of $47k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $91k (+7.6%), an average of +7.6% a year. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pine Island Food Pantry Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Penfield Ecumenical Food Shelf Inc ($91k), 43 North Inc ($91k) and Josh Palmer Fund Inc ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $260k against liabilities of $0, net assets of $260k.