Pantry 279 Inc

Analysis

Pantry 279 Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pantry 279 Inc reported income of $415k and spending of $418k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $336k to $415k (+24%), an average of +7.3% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pantry 279 Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include New Hope Community Outreach Services ($415k), Community Action Partnership of Kern Foundation ($415k) and Green Mountain Self-Advocates Inc ($415k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $61k (15% of expenses). Other salaries and wages came to $106k. At year end it held assets of $166k against liabilities of $4,927, net assets of $161k. It reported 12 employees.