Hawkeye Harvest Food Bank Corporation

Analysis

Hawkeye Harvest Food Bank Corporation is a registered charity in United States, based in Mason City, IA. It received its IRS tax-exemption ruling in September 1982, 44 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 August 2023, Hawkeye Harvest Food Bank Corporation reported income of $1.4m and spending of $1.4m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.2m to $1.4m (+17%), an average of +4.0% a year. The sharpest change came in the year to August 2020, when income rose by 16%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hawkeye Harvest Food Bank Corporation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within IA. Charities of a similar size with the same main cause include Our Child Care Inc ($1.4m), Nevada Blind Childrens Foundation ($1.4m) and Agape Angels Academy Child Development Center ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.