Go Pantry Corporation

Analysis

Go Pantry Corporation is a registered charity in United States, based in Florence, KY. It received its IRS tax-exemption ruling in February 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 December 2023, Go Pantry Corporation reported income of $1.8m and spending of $1.4m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $525k to $1.8m (+238%), an average of +36% a year. The sharpest change came in the year to December 2020, when income rose by 73%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Go Pantry Corporation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within KY. Charities of a similar size with the same main cause include The Inn at Deerfield ($1.8m), Albion Fellows Bacon Center Inc ($1.8m) and West Georgia Star Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $131k (9.5% of expenses). Other salaries and wages came to $85k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 8 employees.