Food for Preston

Analysis

Food for Preston is a registered charity in United States, based in Kingwood, WV. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover human services, 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 January 2024, Food for Preston reported income of $153k and spending of $178k, spending 117% of what it took in. Across the 4 years on record, from January 2021 to January 2024, income fell from $189k to $153k (-19%), an average of -6.9% a year. The sharpest change came in the year to January 2022, when income dropped by 21%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food for Preston sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within WV. Charities of a similar size with the same main cause include Humanist Society of Greater Phoenix ($153k), 836 Inc ($153k) and Hope Ministries Inc ($152k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.