Spearfish Community Pantry

Analysis

Spearfish Community Pantry is a registered charity in United States, based in Spearfish, SD. It received its IRS tax-exemption ruling in October 2004, 22 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, Spearfish Community Pantry reported income of $145k and spending of $119k, spending 82% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $211k to $145k (-32%), an average of -12% a year. The sharpest change came in the year to December 2021, when income dropped by 35%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spearfish Community Pantry sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within SD. Charities of a similar size with the same main cause include Memphis Coalition for Life ($145k), Dwelling Place of Vermilion County ($145k) and Accord Inc ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $624k against liabilities of $0, net assets of $624k.