Crystal Lake Food Pantry Inc

Analysis

Crystal Lake Food Pantry Inc is a registered charity in United States, based in Crystal Lake, IL. It received its IRS tax-exemption ruling in August 1983, 43 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, Crystal Lake Food Pantry Inc reported income of $3.8m and spending of $3.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $3.8m (+48%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Crystal Lake Food Pantry Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Lakeside Lutheran Home ($3.8m), Irene Wortham Residential Center Inc ($3.8m) and Family Care for Children&youth Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $111k. At year end it held assets of $2.4m against liabilities of $5,719, net assets of $2.4m. It reported 6 employees.