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Salem Ministers Conference Community Food Pantry

RegisteredEIN 54-1641990Salem, VAPoverty relief
Income$422k2023-12
Spending$381ksame year
Spent / received87%5-year average
Size in its cause62nd pctPoverty relief
Exempt since2007Publicly supported organisat
Employees3latest return

Analysis

Salem Ministers Conference Community Food Pantry is a registered charity in United States, based in Salem, VA. It received its IRS tax-exemption ruling in March 2007, 19 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 December 2023, Salem Ministers Conference Community Food Pantry reported income of $422k and spending of $381k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $818k to $422k (-48%), an average of -15% a year. The sharpest change came in the year to December 2022, when income dropped by 49%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Salem Ministers Conference Community Food Pantry sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include Children of the King Academy Inc ($421k), North Georgia Electric Membershipfdn Inc ($422k) and Sri Ahobila Muth Inc ($421k).

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 $53k (14% of expenses). Other salaries and wages came to $15k. At year end it held assets of $669k against liabilities of $0, net assets of $669k. It reported 3 employees.

Income and spending

$0$205k$409k$614k$818k2019 Income: $818,3992019 Spending: $792,91920192020 Income: $803,8812020 Spending: $636,89920202021 Income: $649,9182021 Spending: $537,54520212022 Income: $330,6392022 Spending: $284,68720222023 Income: $421,5492023 Spending: $381,3262023
IncomeSpending

Where the income comes from

  • Contributions & grants 97%
  • Other 3.3%

Similar-sized charities, same cause

CharityLocationIncome
Children of the King Academy IncLong Branch$421k
North Georgia Electric Membershipfdn IncDalton$422k
Sri Ahobila Muth IncAlpharetta$421k
Forward ChangeSan Francisco$422k