Sparta Community Food Pantry Inc

Analysis

Sparta Community Food Pantry Inc is a registered charity in United States, based in Sparta, NJ. It received its IRS tax-exemption ruling in April 2022, 4 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, Sparta Community Food Pantry Inc reported income of $123k and spending of $99k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $69k to $123k (+79%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sparta Community Food Pantry Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 50th percentile within NJ. Charities of a similar size with the same main cause include Rigby Area Senior Citizens Inc ($123k), Amazing Grace Daycare Inc ($123k) and Tri-County Electric Trust ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.1% and program service revenue 90% of the total. It paid $5,112 in professional fundraising fees. At year end it held assets of $82k against liabilities of $0, net assets of $82k.