Forney Food Pantry Inc

Analysis

Forney Food Pantry Inc is a registered charity in United States, based in Forney, TX. It received its IRS tax-exemption ruling in November 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, Forney Food Pantry Inc reported income of $97k and spending of $70k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $97k (+1.7%), an average of +1.7% a year. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Forney Food Pantry Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Hand of Hope ($97k), Victorias Friends Inc ($97k) and Effective Parenting Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $274k against liabilities of $0, net assets of $274k.