Hunger Free America Inc

Analysis

Hunger Free America Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1988, 38 years ago. 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, Hunger Free America Inc reported income of $4.8m and spending of $4.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $4.8m (+136%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 204%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hunger Free America Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Instituto Prevocacional E Industrial de Puerto Rico ($4.8m), Home Health Care and Community Services Inc ($4.8m) and Care-Net of Lancaster ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $311k (6.6% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $2.2m against liabilities of $688k, net assets of $1.5m. It reported 81 employees.