Little Compton Food Bank is located in Little Compton, RI. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Little Compton Food Bank is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Little Compton Food Bank generated $186.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 33.1% each year . All expenses for the organization totaled $155.2k during the year ending 12/2023. While expenses have increased by 40.1% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
IN 2023 THE LC FOOD BANK ASSISTED 90 HOUSEHOLDS FROM THE TIVERTON AND LITTLE COMPTON AREA; PROVIDING NUTRITIOUS FOODS, PERSONAL HYGIENE ITEMS, AND HOUSEHOLD PRODUCTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Edith Borden Treasurer | 6 | $0 | |
Sandy Farr Director | 1 | $0 | |
Carter Wilkie President | 1 | $0 | |
Jack Haire Vice President | 1 | $0 | |
Holly Mackintosh Secretary | 1 | $0 | |
Madeleine Telfeyan Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $184,457 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $1,699 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $186,156 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $22,800 |
Professional fees and other payments to independent contractors | $1,478 |
Occupancy, rent, utilities, and maintenance | $15,060 |
Printing, publications, postage, and shipping | $704 |
Other expenses | $115,202 |
Total expenses | $155,244 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $122,008 |
Other assets | $0 |
Total assets | $135,038 |
Total liabilities | $5,726 |
Net assets or fund balances | $129,312 |