Cary-Grove Food Pantry

Analysis

Cary-Grove Food Pantry is a registered charity in United States, based in Cary, IL. It received its IRS tax-exemption ruling in May 1991, 35 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cary-Grove Food Pantry reported income of $91k and spending of $87k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $221k to $91k (-59%), an average of -36% a year. The sharpest change came in the year to December 2022, when income dropped by 57%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cary-Grove Food Pantry sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Hooper Avenue Elementary School ($91k), Oxford Housing Corporation ($91k) and Racine Founders Club Rotary Foundation Inc ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $558k against liabilities of $0, net assets of $558k.