M a Community Food Pantry of McKinney

Analysis

M a Community Food Pantry of McKinney is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in October 1996, 30 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, M a Community Food Pantry of McKinney reported income of $166k and spending of $300k, spending 181% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $172k to $166k (-3.3%), an average of -0.8% a year. The sharpest change came in the year to December 2020, when income rose by 83%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, M a Community Food Pantry of McKinney sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Common Good Soup Kitchen Community ($166k), Highland County Homeless Shelter ($166k) and Jacksonville Area Community Food Center Inc ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $84k (28% of expenses). Other salaries and wages came to $61k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 11 employees.