Friends of Assisi Food Pantry Inc

Analysis

Friends of Assisi Food Pantry Inc is a registered charity in United States, based in Danielson, CT. It received its IRS tax-exemption ruling in June 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 April 2024, Friends of Assisi Food Pantry Inc reported income of $261k and spending of $186k, leaving 29% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income fell from $451k to $261k (-42%), an average of -13% a year. The sharpest change came in the year to April 2022, when income dropped by 49%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Assisi Food Pantry Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CT. Charities of a similar size with the same main cause include St Faustina Conference St Vincent Depaul Society ($261k), Woodbury Life Resource Center ($261k) and Seventh Street Coffee Inc ($261k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $772k against liabilities of $0, net assets of $772k.