Families Matter Food Pantry Inc

Analysis

Families Matter Food Pantry Inc is a registered charity in United States, based in Monaca, PA. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Families Matter Food Pantry Inc reported income of $224k and spending of $268k, spending 120% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $215k to $224k (+4.1%), an average of +0.8% a year. The sharpest change came in the year to December 2020, when income rose by 112%. Over the whole period it spent 70% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Families Matter Food Pantry Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include VM Foundation ($224k), Navy Safe Harbor Foundation ($224k) and Veda Foundation ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $41k (15% of expenses). Other salaries and wages came to $14k. At year end it held assets of $466k against liabilities of $1,488, net assets of $464k. It reported 4 employees.