Hastings Food Pantry Incorporated

Analysis

Hastings Food Pantry Incorporated is a registered charity in United States, based in Hastings, NE. It received its IRS tax-exemption ruling in July 1983, 43 years ago. 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, Hastings Food Pantry Incorporated reported income of $58k and spending of $52k, spending 90% of its income. Across the 2 years on record, from October 2022 to October 2023, income grew from $45k to $58k (+29%), an average of +29% a year. The sharpest change came in the year to October 2023, when income rose by 29%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hastings Food Pantry Incorporated sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within NE. Charities of a similar size with the same main cause include Support Volusia Inc ($58k), Our Lady of the Lake Conference Society of St Vincent Depaul ($58k) and Edward H Angle Society of Orthodontics Inc ($58k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $157k against liabilities of $0, net assets of $157k.