Feeding Pascos Elderly Inc

Analysis

Feeding Pascos Elderly Inc is a registered charity in United States, based in San Antonio, FL. 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 December 2023, Feeding Pascos Elderly Inc reported income of $55k and spending of $75k, spending 137% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $250k to $55k (-78%), an average of -53% a year. The sharpest change came in the year to December 2022, when income dropped by 70%. Over the whole period it spent 48% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Feeding Pascos Elderly Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 25th percentile within FL. Charities of a similar size with the same main cause include Adams Angels ($55k), Cherokee County Food Bank Inc ($55k) and The Be the People Project ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $393k against liabilities of $15k, net assets of $378k.