Fuquay Varina Emergency Food Pantry

Analysis

Fuquay Varina Emergency Food Pantry is a registered charity in United States, based in Fuquay Varina, NC. It received its IRS tax-exemption ruling in March 2002, 24 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, Fuquay Varina Emergency Food Pantry reported income of $649k and spending of $190k, leaving 71% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $254k to $649k (+156%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 289%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fuquay Varina Emergency Food Pantry sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include The Coastal Samaritan Counseling Center Inc ($649k), Can-Do Kalamazoo ($649k) and Kaukauna Kinder Haus Inc ($648k).

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 $832k against liabilities of $0, net assets of $832k.