Putney Foodshelf Incorporated

Analysis

Putney Foodshelf Incorporated is a registered charity in United States, based in Putney, VT. It received its IRS tax-exemption ruling in July 2014, 12 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 2024, Putney Foodshelf Incorporated reported income of $188k and spending of $191k, spending 102% of its income. Across the 3 years on record, from June 2021 to June 2024, income grew from $74k to $188k (+154%), an average of +59% a year. The sharpest change came in the year to June 2023, when income rose by 183%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Putney Foodshelf Incorporated sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 43rd percentile within VT. Charities of a similar size with the same main cause include Hope Housing of Miami Inc ($188k), Only Hope WNC ($188k) and Peace Center Inc Food & Clothing Distribution ($188k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 12% of the total. At year end it held assets of $301k against liabilities of $29k, net assets of $273k.