Food Pantry of Carroll County Inc

Analysis

Food Pantry of Carroll County Inc is a registered charity in United States, based in Carrollton, 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Food Pantry of Carroll County Inc reported income of $158k and spending of $155k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $500k to $158k (-68%), an average of -32% a year. The sharpest change came in the year to December 2021, when income dropped by 50%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food Pantry of Carroll County Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within KY. Charities of a similar size with the same main cause include United Way of Central Missouri Foundation ($158k), Feed Our Streets ($159k) and Family Promise of San Gabriel Valley ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $669k against liabilities of $0, net assets of $669k.