Piscataquis Regional Food Center

Analysis

Piscataquis Regional Food Center is a registered charity in United States, based in Dovr Foxcroft, ME. It received its IRS tax-exemption ruling in December 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, Piscataquis Regional Food Center reported income of $351k and spending of $343k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $215k to $351k (+63%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Piscataquis Regional Food Center sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within ME. Charities of a similar size with the same main cause include Metro Youth Sports Inc ($351k), Tophand Foundation Inc ($351k) and Living Hope Farm Inc ($351k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Other salaries and wages came to $142k. At year end it held assets of $356k against liabilities of $108k, net assets of $248k. It reported 6 employees.