Hobart Food Pantry Incorporated

Analysis

Hobart Food Pantry Incorporated is a registered charity in United States, based in Hobart, IN. It received its IRS tax-exemption ruling in January 1990, 36 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, Hobart Food Pantry Incorporated reported income of $148k and spending of $145k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $348k to $148k (-57%), an average of -25% a year. The sharpest change came in the year to December 2022, when income dropped by 48%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hobart Food Pantry Incorporated sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within IN. Charities of a similar size with the same main cause include Kalahari New Hope ($148k), Corries House ($148k) and Phi Gamma Chapter of Omega Nu Sorority ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $735k against liabilities of $0, net assets of $735k.