Loudon Food Pantry

Analysis

Loudon Food Pantry is a registered charity in United States, based in Loudon, NH. It received its IRS tax-exemption ruling in September 2008, 18 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, Loudon Food Pantry reported income of $180k and spending of $203k, spending 113% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $231k to $180k (-22%), an average of -8.0% a year. The sharpest change came in the year to December 2022, when income dropped by 27%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loudon Food Pantry sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within NH. Charities of a similar size with the same main cause include Korean Society of Maryland Inc ($180k), Agape Ministry ($180k) and St Vincent de Paul of Escondido Inc ($180k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $36k (18% of expenses). At year end it held assets of $97k against liabilities of $4,441, net assets of $92k. It reported 1 employees.