Hamilton County Harvest Food Bank Inc

Analysis

Hamilton County Harvest Food Bank Inc is a registered charity in United States, based in Noblesville, IN. It received its IRS tax-exemption ruling in August 2010, 16 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 October 2023, Hamilton County Harvest Food Bank Inc reported income of $465k and spending of $427k, spending 92% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $304k to $465k (+53%), an average of +11% a year. The sharpest change came in the year to October 2020, when income rose by 21%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hamilton County Harvest Food Bank Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IN. Charities of a similar size with the same main cause include Chevra USA ($465k), Emerald M Therapeutic Riding Center Inc ($465k) and Tabithas House Inc ($465k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $40k (9.4% of expenses). Other salaries and wages came to $15k. At year end it held assets of $371k against liabilities of $0, net assets of $371k. It reported 3 employees.