Ashe Food Pantry Inc

Analysis

Ashe Food Pantry Inc is a registered charity in United States, based in Jefferson, NC. 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, Ashe Food Pantry Inc reported income of $2.0m and spending of $2.0m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $435k to $2.0m (+357%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 209%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ashe Food Pantry Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include New York Zen Center Forcontemplative Care ($2.0m), Quigley House Inc ($2.0m) and Startedup Foundation Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $148k. At year end it held assets of $1.1m against liabilities of $1,158, net assets of $1.1m. It reported 3 employees.