Harnett Food Pantry

Analysis

Harnett Food Pantry is a registered charity in United States, based in Lillington, NC. It received its IRS tax-exemption ruling in October 2015, 11 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, Harnett Food Pantry reported income of $77k and spending of $83k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $197k to $77k (-61%), an average of -61% a year. The sharpest change came in the year to December 2023, when income dropped by 61%. Over the whole period it spent 46% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harnett Food Pantry sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include Sunfield Area Sponsors of Programs for Youth ($77k), Project 70805 Inc ($77k) and Serve Lubbock ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $433k against liabilities of $0, net assets of $433k.