Tommys Pantry Inc

Analysis

Tommys Pantry Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, 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, Tommys Pantry Inc reported income of $219k and spending of $99k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $143k to $219k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 45% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tommys Pantry Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MD. Charities of a similar size with the same main cause include Technocopia Co ($219k), Community in Action Network Inc ($219k) and Love Without Borders - for Refugees in Need ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $200k against liabilities of $0, net assets of $200k.