Prescott Community Cupboard Food Bank Inc

Analysis

Prescott Community Cupboard Food Bank Inc is a registered charity in United States, based in Prescott, AZ. It received its IRS tax-exemption ruling in April 2017, 9 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, Prescott Community Cupboard Food Bank Inc reported income of $1.1m and spending of $983k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $299k to $1.1m (+265%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Prescott Community Cupboard Food Bank Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within AZ. Charities of a similar size with the same main cause include Silver Spring Child Day Care Association Inc ($1.1m), Garden of Hope of Central Texas ($1.1m) and Hermanos Carmelitas Teresas de San Jose Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $130k. At year end it held assets of $1.6m against liabilities of $5,257, net assets of $1.6m. It reported 7 employees.