Rent Party Pantry Inc

Analysis

Rent Party Pantry Inc is a registered charity in United States, based in Maplewood, NJ. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover human services, 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 August 2023, Rent Party Pantry Inc reported income of $57k and spending of $70k, spending 124% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $75k to $57k (-24%), an average of -24% a year. The sharpest change came in the year to August 2023, when income dropped by 24%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rent Party Pantry Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 29th percentile within NJ. Charities of a similar size with the same main cause include Lebanon Lions Foundation ($57k), Lambda Phoenix Center ($57k) and 27 Sandwiches ($57k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.