Creston Area Food Pantry Inc

Analysis

Creston Area Food Pantry Inc is a registered charity in United States, based in Creston, IA. It received its IRS tax-exemption ruling in November 2016, 10 years ago. 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 June 2023, Creston Area Food Pantry Inc reported income of $171k and spending of $173k, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $116k to $171k (+47%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 150%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Creston Area Food Pantry Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within IA. Charities of a similar size with the same main cause include Little League Baseball Inc ($171k), New Trier Parents Association New Trier Township High School ($171k) and Community Nursery School of Appleton Inc ($171k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $456k against liabilities of $0, net assets of $456k.