Slice Out Hunger Inc

Analysis

Slice Out Hunger Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2015, 11 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, Slice Out Hunger Inc reported income of $445k and spending of $365k, spending 82% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $733k to $445k (-39%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 51%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Slice Out Hunger Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Family Haven Inc ($445k), Golf Fore Charity Inc ($445k) and Onslow Pregnancy Resource Center ($445k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $65k. At year end it held assets of $215k against liabilities of $150, net assets of $215k. It reported 1 employees.