Reservoir Food Pantry Inc

Analysis

Reservoir Food Pantry Inc is a registered charity in United States, based in Boiceville, NY. It received its IRS tax-exemption ruling in August 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 December 2023, Reservoir Food Pantry Inc reported income of $78k and spending of $52k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $110k to $78k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reservoir Food Pantry Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Breaking Barriers Mentoring-Wisconsin-Inc ($78k), Brandon Area Food Pantry ($78k) and Butler Street Community Development Corporation Inc ($78k).

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 $233k against liabilities of $0, net assets of $233k.