Gotham Food Pantry

Analysis

Gotham Food Pantry is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2021, 5 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, Gotham Food Pantry reported income of $3.7m and spending of $3.5m, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $149k to $3.7m (+2372%), an average of +2372% a year. The sharpest change came in the year to December 2023, when income rose by 2372%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gotham Food Pantry sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Staten Island Communituy Services Friendship Clubs Inc ($3.7m), Love Little Children Inc ($3.7m) and Senior Services of Island County ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $75k (2.1% of expenses). At year end it held assets of $247k against liabilities of $0, net assets of $247k.