Palmer Food Share Inc

Analysis

Palmer Food Share Inc is a registered charity in United States, based in Palmer, MA. 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, Palmer Food Share Inc reported income of $66k and spending of $38k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $71k to $66k (-6.7%), an average of -6.7% a year. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Palmer Food Share Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 34th percentile within MA. Charities of a similar size with the same main cause include Refugee Relief International Incorporation ($66k), Thomaston and Upson County Ministerial Association Inc ($66k) and Lighthouse of Hope MK Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $291k against liabilities of $0, net assets of $291k.