Illinois Valley Food Pantry
Analysis
Illinois Valley Food Pantry is a registered charity in United States, based in Peru, IL. It received its IRS tax-exemption ruling in March 1984, 42 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 August 2024, Illinois Valley Food Pantry reported income of $260k and spending of $294k, spending 113% of what it took in. Across the 6 years on record, from August 2019 to August 2024, income fell from $378k to $260k (-31%), an average of -7.2% a year. The sharpest change came in the year to August 2020, when income dropped by 30%. Over the whole period it spent 80% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Illinois Valley Food Pantry sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Noble Viking Charities ($260k), Elizabeth Guild Inc ($260k) and Josephs Hammer ($260k).
On its Form 990 for the period ending August 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $40k (14% of expenses). Other salaries and wages came to $61k. At year end it held assets of $411k against liabilities of $1,280, net assets of $410k. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 2.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Noble Viking Charities | Newport Beach | $260k |
| Elizabeth Guild Inc | Estes Park | $260k |
| Josephs Hammer | Horseshoe Bay | $260k |
| Holmen Area Community Center Inc | Holmen | $260k |