Feeding Hands Inc

Analysis

Feeding Hands Inc is a registered charity in United States, based in Hillsborough, NJ. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover human services, 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, Feeding Hands Inc reported income of $3.3m and spending of $3.1m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $471k to $3.3m (+606%), an average of +63% a year. The sharpest change came in the year to December 2020, when income rose by 165%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Feeding Hands Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Cornerstone Hospice Foundation Inc ($3.3m), Boise Group Homes Inc ($3.3m) and Lincoln Glen Manor LLC ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $90k (2.9% of expenses). Other salaries and wages came to $102k. At year end it held assets of $1.4m against liabilities of $384k, net assets of $1.0m. It reported 9 employees.