Billerica Community Pantry Inc

Analysis

Billerica Community Pantry Inc is a registered charity in United States, based in Billerica, MA. It received its IRS tax-exemption ruling in April 2019, 7 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 June 2023, Billerica Community Pantry Inc reported income of $530k and spending of $387k, leaving 27% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $255k to $530k (+108%), an average of +44% a year. The sharpest change came in the year to June 2022, when income rose by 112%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Billerica Community Pantry Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Saint Provision CDC ($530k), Finding Hope Ministries ($530k) and Eb Charitable Foundation Inc ($530k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $654k against liabilities of $0, net assets of $654k.