St Felix Pantry Inc

Analysis

St Felix Pantry Inc is a registered charity in United States, based in Rio Rancho, NM. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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, St Felix Pantry Inc reported income of $2.4m and spending of $2.3m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.4m (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2020, when income rose by 24%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Felix Pantry Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NM. Charities of a similar size with the same main cause include Second Nature Inc ($2.4m), Young Mens Christian Association of Berwick Pennsylvania ($2.4m) and Stone Ridge Foundation ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $261k. At year end it held assets of $2.0m against liabilities of $11k, net assets of $2.0m. It reported 12 employees.