Prescott Area Food Pantry Inc

Analysis

Prescott Area Food Pantry Inc is a registered charity in United States, based in Prescott, WI. It received its IRS tax-exemption ruling in March 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 December 2023, Prescott Area Food Pantry Inc reported income of $80k and spending of $120k, spending 150% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $80k (-0.2%), an average of -0.2% a year. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Prescott Area Food Pantry Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within WI. Charities of a similar size with the same main cause include Semper Fido ($80k), Pregnancy Resource Center of Smith County ($80k) and My Glacier Village ($80k).

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 $53k against liabilities of $0, net assets of $53k.