Hillsboro Food Pantry Inc

Analysis

Hillsboro Food Pantry Inc is a registered charity in United States, based in Hillsboro, MO. It received its IRS tax-exemption ruling in September 1988, 38 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 December 2023, Hillsboro Food Pantry Inc reported income of $105k and spending of $63k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $68k to $105k (+55%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 251%. Over the whole period it spent 36% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hillsboro Food Pantry Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within MO. Charities of a similar size with the same main cause include Twin City Figure Skating Association T C F S a ($105k), Art Seminar Group Inc ($105k) and Scranton Unico Foundation ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 1 employees.