Bulverde Food Pantry Inc

Analysis

Bulverde Food Pantry Inc is a registered charity in United States, based in Bulverde, TX. It received its IRS tax-exemption ruling in February 1997, 29 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, Bulverde Food Pantry Inc reported income of $1.3m and spending of $1.1m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $926k to $1.3m (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2023, when income rose by 30%. 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, Bulverde Food Pantry Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Massachusetts Independent Certification Inc ($1.3m), Immigration Legal Services of Long Island ($1.3m) and Crossroads Ministry of Estes Park Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $93k. At year end it held assets of $1.5m against liabilities of $29k, net assets of $1.5m. It reported 3 employees.