The Chugiak Eagle River Food Pantry

Analysis

The Chugiak Eagle River Food Pantry is a registered charity in United States, based in Eagle River, AK. It received its IRS tax-exemption ruling in October 1989, 37 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Chugiak Eagle River Food Pantry reported income of $59k and spending of $36k, leaving 40% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $132k to $59k (-55%), an average of -55% a year. The sharpest change came in the year to June 2024, when income dropped by 55%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Chugiak Eagle River Food Pantry sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 18th percentile within AK. Charities of a similar size with the same main cause include Doe Valley Volunteer Fire Department ($59k), PTA California Congress of Parents Teachers & Students Inc ($59k) and Central Florida Society for Historical Preservation Inc ($59k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $215k against liabilities of $0, net assets of $215k.