We Care Food Pantry Inc

Analysis

We Care Food Pantry Inc is a registered charity in United States, based in Rochester, NH. It received its IRS tax-exemption ruling in May 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 2022, We Care Food Pantry Inc reported income of $63k and spending of $120k, spending 191% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $143k to $63k (-56%), an average of -56% a year. The sharpest change came in the year to December 2022, when income dropped by 56%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, We Care Food Pantry Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NH. Charities of a similar size with the same main cause include Goshen Ecumenical Pantry Inc ($63k), Highland Meals on Wheels Inc ($63k) and Between Friends Food Pantry ($63k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 106% of the total. At year end it held assets of $86k against liabilities of $25k, net assets of $61k.