Tobacco Valley Food Pantry
Analysis
Tobacco Valley Food Pantry is a registered charity in United States, based in Eureka, MT. It received its IRS tax-exemption ruling in April 1991, 35 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, Tobacco Valley Food Pantry reported income of $182k and spending of $151k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $120k to $182k (+52%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 35%. 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, Tobacco Valley 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 52nd percentile, and in the 51st percentile within MT. Charities of a similar size with the same main cause include Hopestart International ($182k), Nueva Esperanza Inc ($182k) and Wellesley Food Pantry Inc ($182k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% of the total. Other salaries and wages came to $81k. At year end it held assets of $390k against liabilities of $1,837, net assets of $388k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 21%
- Other 79%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hopestart International | Oceanside | $182k |
| Nueva Esperanza Inc | Miami | $182k |
| Wellesley Food Pantry Inc | Wellesley | $182k |
| Infrastructure Engineering Foundation | Chicago | $182k |