Seymour Oxford Food Bank Inc
Analysis
Seymour Oxford Food Bank Inc is a registered charity in United States, based in Seymour, CT. It received its IRS tax-exemption ruling in September 2019, 7 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, Seymour Oxford Food Bank Inc reported income of $55k and spending of $55k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $60k to $55k (-7.6%), an average of -7.6% a year. Over the whole period it spent 96% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seymour Oxford Food Bank Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within CT. Charities of a similar size with the same main cause include McCloud Cares ($55k), We Can Be Heroes Foundation Inc ($55k) and Gifts That Matter Inc ($55k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $333k against liabilities of $100, net assets of $333k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| McCloud Cares | Jersey City | $55k |
| We Can Be Heroes Foundation Inc | Jacksonville Beach | $55k |
| Gifts That Matter Inc | Boxford | $55k |
| Paulding Putnam Electric Trust Inc | Paulding | $55k |