Stonebridge Food Pantry

Analysis

Stonebridge Food Pantry is a registered charity in United States, based in The Woodlands, TX. It received its IRS tax-exemption ruling in January 2012, 14 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 September 2023, Stonebridge Food Pantry reported income of $144k and spending of $183k, spending 127% of what it took in. Across the 3 years on record, from September 2019 to September 2023, income fell from $262k to $144k (-45%), an average of -26% a year. The sharpest change came in the year to September 2022, when income dropped by 46%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stonebridge 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 50th percentile within TX. Charities of a similar size with the same main cause include Govans Center for Retired Persons Inc ($144k), Haven House Shelter ($144k) and Pearl Street a M E Community Development Corporation Inc ($144k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $269k against liabilities of $0, net assets of $269k.