Laguna Food Pantry

Analysis

Laguna Food Pantry is a registered charity in United States, based in Laguna Beach, CA. It received its IRS tax-exemption ruling in March 1994, 32 years ago. 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 November 2023, Laguna Food Pantry reported income of $4.0m and spending of $3.7m, spending 91% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $1.8m to $4.0m (+120%), an average of +22% a year. The sharpest change came in the year to November 2020, when income rose by 145%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Laguna Food Pantry sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Grand Haven Homes Inc ($4.0m), Parenting Network Inc ($4.0m) and Christs Haven for Children ($4.0m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $108k (2.9% of expenses). Other salaries and wages came to $201k. At year end it held assets of $2.5m against liabilities of $125k, net assets of $2.4m. It reported 10 employees.