Princeton Pantry

Analysis

Princeton Pantry is a registered charity in United States, based in Princeton, MN. It received its IRS tax-exemption ruling in December 1990, 36 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, Princeton Pantry reported income of $141k and spending of $109k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $172k to $141k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Princeton Pantry sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within MN. Charities of a similar size with the same main cause include Neros Lehoir ($141k), Memorial Day Foundation ($141k) and Parent Booster USA Inc ($141k).

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 $395k against liabilities of $0, net assets of $395k.