Richland Center Food Pantry

Analysis

Richland Center Food Pantry is a registered charity in United States, based in Richland Ctr, WI. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Richland Center Food Pantry reported income of $103k and spending of $130k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $103k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 125% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Richland Center Food Pantry sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within WI. Charities of a similar size with the same main cause include Our Hometown Charitable Foundation ($103k), Beaumont Urban Improvement Leadership for Downtown Inc ($103k) and Veterans Assistance Office Inc ($103k).

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 $188k against liabilities of $0, net assets of $188k.