Concerned for the Hungry Inc

Analysis

Concerned for the Hungry Inc is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in May 1982, 44 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, Concerned for the Hungry Inc reported income of $226k and spending of $177k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $176k to $226k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Concerned for the Hungry Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Health and Hope Foundation ($226k), Tinina Q Cade Foundation Inc ($226k) and Gendernexus ($226k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $203k against liabilities of $0, net assets of $203k.