Human Needs Food Pantry Inc

Analysis

Human Needs Food Pantry Inc is a registered charity in United States, based in Montclair, NJ. It received its IRS tax-exemption ruling in January 1991, 35 years ago. Its declared purposes cover human services, 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, Human Needs Food Pantry Inc reported income of $1.8m and spending of $1.9m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.8m (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Human Needs Food Pantry Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Cass County Council on Aging Inc ($1.8m), Aliento Education Fund ($1.8m) and Youthzone ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $69k (3.6% of expenses). Other salaries and wages came to $142k. At year end it held assets of $3.5m against liabilities of $25k, net assets of $3.5m. It reported 9 employees.