Bar Harbor Food Pantry

Analysis

Bar Harbor Food Pantry is a registered charity in United States, based in Bar Harbor, ME. It received its IRS tax-exemption ruling in May 2011, 15 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, Bar Harbor Food Pantry reported income of $518k and spending of $417k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $281k to $518k (+84%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 134%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bar Harbor Food Pantry sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within ME. Charities of a similar size with the same main cause include Hearts and Hands Faith in Action ($518k), Fosters Child Care & Dev Ctr Inc ($518k) and Laundry Workers Center Inc ($518k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $71k (17% of expenses). Other salaries and wages came to $79k. At year end it held assets of $1.1m against liabilities of $525, net assets of $1.1m. It reported 4 employees.