Victor Farmington Food Cupboard Inc
Analysis
Victor Farmington Food Cupboard Inc is a registered charity in United States, based in Victor, NY. It received its IRS tax-exemption ruling in January 2015, 11 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, Victor Farmington Food Cupboard Inc reported income of $716k and spending of $727k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $351k to $716k (+104%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 93% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Victor Farmington Food Cupboard Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Ravens Foundation Inc ($716k), Montgomery County Youth Services Bureau Inc ($716k) and Hephzibah Ministries Inc ($716k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $42k. At year end it held assets of $482k against liabilities of $46k, net assets of $436k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 2.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ravens Foundation Inc | Owings Mills | $716k |
| Montgomery County Youth Services Bureau Inc | Crawfordsvlle | $716k |
| Hephzibah Ministries Inc | Fishers | $716k |
| Puget Sound Opportunties Industrialization Center | Renton | $716k |