Vernon Township Food Pantry Inc

Analysis

Vernon Township Food Pantry Inc is a registered charity in United States, based in Buffalo Grove, IL. It received its IRS tax-exemption ruling in April 2016, 10 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 March 2024, Vernon Township Food Pantry Inc reported income of $75k and spending of $89k, spending 118% of what it took in. Across the 3 years on record, from March 2021 to March 2024, income fell from $220k to $75k (-66%), an average of -42% a year. The sharpest change came in the year to March 2023, when income dropped by 71%. Over the whole period it spent 50% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vernon Township Food Pantry Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include Homeless Resource Center Inc ($75k), Samaritan Ministry of Temple Baptist Church Incorporated ($75k) and Cy-Fair Womens Club ($75k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $411k against liabilities of $0, net assets of $411k.