Clay County Food Pantry Inc

Analysis

Clay County Food Pantry Inc is a registered charity in United States, based in Hayesville, NC. It received its IRS tax-exemption ruling in August 1995, 31 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, Clay County Food Pantry Inc reported income of $162k and spending of $159k, spending 98% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $235k to $162k (-31%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 50%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clay County Food Pantry Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include Abundant Center ($162k), Achieve Inc ($162k) and Quality of Life Community Services Inc ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $306k against liabilities of $0, net assets of $306k.