Geneseo-Atkinson Food Pantry

Analysis

Geneseo-Atkinson Food Pantry is a registered charity in United States, based in Geneseo, IL. It received its IRS tax-exemption ruling in February 1989, 37 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 September 2023, Geneseo-Atkinson Food Pantry reported income of $483k and spending of $597k, spending 124% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $245k to $483k (+97%), an average of +18% a year. The sharpest change came in the year to September 2022, when income rose by 62%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Geneseo-Atkinson Food Pantry sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include San Francisco Interfaith Council ($483k), Applied Scholastics International ($483k) and American Indian Artist Amerinda Inc ($483k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $41k (6.8% of expenses). Other salaries and wages came to $73k. At year end it held assets of $1.7m against liabilities of $12k, net assets of $1.7m. It reported 3 employees.