Watertown Food Pantry Inc

Analysis

Watertown Food Pantry Inc is a registered charity in United States, based in Watertown, WI. It received its IRS tax-exemption ruling in May 1989, 37 years ago. 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, Watertown Food Pantry Inc reported income of $128k and spending of $122k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $128k (+9.9%), an average of +9.9% a year. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Watertown Food Pantry Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within WI. Charities of a similar size with the same main cause include Christian Help of Gold Beach Inc ($128k), Yuba Sutter-Lodi Pink October ($128k) and Arkansas Choral Connection Inc ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $511k against liabilities of $511k, net assets of $0.