Ghent Food Pantry Inc

Analysis

Ghent Food Pantry Inc is a registered charity in United States, based in Ghent, NY. It received its IRS tax-exemption ruling in April 2011, 15 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, Ghent Food Pantry Inc reported income of $72k and spending of $43k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $72k (-8.2%), an average of -8.2% a year. Over the whole period it spent 115% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ghent Food Pantry Inc 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 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Bonds of Union ($72k), Divine Unity 1 Inc ($72k) and Somali Community Services of Mayfield ($72k).

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 $129k against liabilities of $0, net assets of $129k.