Box Elder Community Pantry

Analysis

Box Elder Community Pantry is a registered charity in United States, based in Brigham City, UT. It received its IRS tax-exemption ruling in February 1991, 35 years ago. 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, Box Elder Community Pantry reported income of $1.1m and spending of $1.3m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.1m (-48%), an average of -15% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Box Elder Community Pantry sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within UT. Charities of a similar size with the same main cause include Hancock County Agricultural Society ($1.1m), Van Wert County Day Care Center Inc ($1.1m) and American Civil Liberties Union Foundation of Rhode Island ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $115k (8.6% of expenses). Other salaries and wages came to $54k. At year end it held assets of $532k against liabilities of $1,649, net assets of $530k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.