Tri-Boro Food Pantry

Analysis

Tri-Boro Food Pantry is a registered charity in United States, based in Park Ridge, NJ. It received its IRS tax-exemption ruling in May 2016, 10 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, Tri-Boro Food Pantry reported income of $157k and spending of $132k, spending 84% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $253k to $157k (-38%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tri-Boro Food Pantry sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Marine Corps League Foundation Inc ($157k), Taylor 4-H and Ffa Booster Club ($157k) and Kids Time by the Sea Inc ($157k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $304k against liabilities of $1,328, net assets of $303k.