Wellfleet Food Pantry Inc

Analysis

Wellfleet Food Pantry Inc is a registered charity in United States, based in Wellfleet, MA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Wellfleet Food Pantry Inc reported income of $99k and spending of $48k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $136k to $99k (-27%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 34% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wellfleet Food Pantry Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include Santa Fe Chamber Opportunities Fund Inc ($99k), Manor Schoolhouse Foundation ($99k) and Chesaning Sports Boosters Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $292k against liabilities of $0, net assets of $292k.