Hoosier Hills Food Bank Inc

Analysis

Hoosier Hills Food Bank Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in March 1983, 43 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, Hoosier Hills Food Bank Inc reported income of $7.6m and spending of $7.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.4m to $7.6m (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hoosier Hills Food Bank Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IN. Charities of a similar size with the same main cause include Urban League of Hudson County Inc ($7.6m), City Rescue Mission Inc ($7.6m) and Sewa International Inc ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $88k (1.1% of expenses). At year end it held assets of $3.1m against liabilities of $603k, net assets of $2.5m. It reported 18 employees.