Homer Community Food Pantry

Analysis

Homer Community Food Pantry is a registered charity in United States, based in Homer, AK. It received its IRS tax-exemption ruling in March 1997, 29 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, Homer Community Food Pantry reported income of $258k and spending of $351k, spending 136% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $363k to $258k (-29%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Homer Community Food Pantry sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 54th percentile within AK. Charities of a similar size with the same main cause include McMinnville-Warren County Senior Center ($258k), Project Iam Foundation Inc ($258k) and K9s 4 Mobility ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.0% of the total. Other salaries and wages came to $42k. At year end it held assets of $234k against liabilities of $1,586, net assets of $232k. It reported 4 employees.