Coralville Community Food Pantry

Analysis

Coralville Community Food Pantry is a registered charity in United States, based in Coralville, IA. It received its IRS tax-exemption ruling in June 2016, 10 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, Coralville Community Food Pantry reported income of $2.5m and spending of $2.2m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.5m (+88%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Coralville Community Food Pantry sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IA. Charities of a similar size with the same main cause include Domestic Violence Services of Southwestern Pennsylvania ($2.5m), Centre Safe ($2.5m) and Florida Keys Childrens Shelter Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $66k (3.0% of expenses). Other salaries and wages came to $150k. At year end it held assets of $1.9m against liabilities of $201k, net assets of $1.7m. It reported 8 employees.