Montgomery Food Pantry Inc

Analysis

Montgomery Food Pantry Inc is a registered charity in United States, based in Montgomery, NY. It received its IRS tax-exemption ruling in July 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 (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, Montgomery Food Pantry Inc reported income of $298k and spending of $139k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $298k (+184%), an average of +184% a year. The sharpest change came in the year to December 2023, when income rose by 184%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Montgomery Food Pantry Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Helping Hands in Motion Inc ($298k), Arendtsville Community Fire Company Inc ($298k) and Haven of Hope Foundation Inc ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $422k against liabilities of $0, net assets of $422k.