Faith Food Pantry of Newtown Inc

Analysis

Faith Food Pantry of Newtown Inc is a registered charity in United States, based in Newtown, CT. It received its IRS tax-exemption ruling in March 2017, 9 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, Faith Food Pantry of Newtown Inc reported income of $248k and spending of $164k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $79k to $248k (+212%), an average of +33% a year. The sharpest change came in the year to December 2020, when income rose by 367%. Over the whole period it spent 46% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faith Food Pantry of Newtown Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CT. Charities of a similar size with the same main cause include Waco Downtown Farmers Market ($248k), Hamazkayin Armenian Educational and Cultural Endowment Fund ($248k) and Hands of Love Foundation Inc ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.