Corning Community Food Pantry

Analysis

Corning Community Food Pantry is a registered charity in United States, based in Corning, NY. It received its IRS tax-exemption ruling in June 2011, 15 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 June 2023, Corning Community Food Pantry reported income of $179k and spending of $154k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $150k to $179k (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2020, when income rose by 39%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Corning Community Food Pantry sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include HMG Cares Foundation ($179k), Hermitage Community Inc ($179k) and Hope Centers for Children of Africa ($179k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $871k against liabilities of $87k, net assets of $784k.