Yarmouth Food Pantry Inc

Analysis

Yarmouth Food Pantry Inc is a registered charity in United States, based in West Yarmouth, MA. It received its IRS tax-exemption ruling in September 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 June 2023, Yarmouth Food Pantry Inc reported income of $727k and spending of $571k, leaving 22% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $612k to $727k (+19%), an average of +5.9% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Yarmouth Food Pantry Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Elev8hope ($727k), Klingberg Family Centers Foundation Inc ($727k) and Worldwide Opportunities on Organic Farms - USA ($726k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $1.3m against liabilities of $69k, net assets of $1.2m.