Hunger Action Network of New York

Analysis

Hunger Action Network of New York is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in July 1986, 40 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, Hunger Action Network of New York reported income of $73k and spending of $160k, spending 218% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $73k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 146% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hunger Action Network of New York sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Operation with Love From Home ($73k), Society of St Vincent de Paul-St Eugene-St Lawrence -St Joan of Arc ($73k) and Life and Hope ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $128k against liabilities of $5,750, net assets of $122k.