Fondy Food Pantry Inc

Analysis

Fondy Food Pantry Inc is a registered charity in United States, based in Fond du Lac, WI. It received its IRS tax-exemption ruling in February 1976, 50 years ago. 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, Fondy Food Pantry Inc reported income of $1.8m and spending of $1.5m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $935k to $1.8m (+94%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fondy Food Pantry Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include Central Kansas Coordinated Transit Council Inc ($1.8m), Higher Education Coordinating Council of Metropolitan St Louis ($1.8m) and East Dallas Development Center ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $2.3m against liabilities of $196k, net assets of $2.1m.