Astoria Food Pantry Inc

Analysis

Astoria Food Pantry Inc is a registered charity in United States, based in Astoria, NY. It received its IRS tax-exemption ruling in February 2023, 3 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, Astoria Food Pantry Inc reported income of $236k and spending of $217k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $236k (+90%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Astoria Food Pantry Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Lazarus Ministries KC ($236k), Friends of Recovery ($236k) and Center of Hope Ministries ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $3,000 (1.4% of expenses). At year end it held assets of $81k against liabilities of $5,566, net assets of $76k.