Fredericksburg Food Pantry Inc

Analysis

Fredericksburg Food Pantry Inc is a registered charity in United States, based in Fredericksbrg, TX. It received its IRS tax-exemption ruling in October 1988, 38 years ago. 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 August 2024, Fredericksburg Food Pantry Inc reported income of $186k and spending of $109k, leaving 42% of income unspent that year. Across the 6 years on record, from August 2019 to August 2024, income grew from $140k to $186k (+33%), an average of +5.8% a year. The sharpest change came in the year to August 2020, when income rose by 131%. Over the whole period it spent 37% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fredericksburg Food Pantry Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include I Cantori Di Carmel ($186k), Friends of Leu Gardens Inc ($186k) and Habitat for Humanity International Inc ($186k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $37k (34% of expenses). At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m. It reported 2 employees.