Hospitality Pantries Inc

Analysis

Hospitality Pantries Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in March 1995, 31 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 December 2023, Hospitality Pantries Inc reported income of $6.3m and spending of $5.0m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $6.3m (+73%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospitality Pantries Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within TN. Charities of a similar size with the same main cause include Camp Southern Ground Inc ($6.3m), Leveraging Equal Access Programs Inc ($6.3m) and Central Mississippi Inc ($6.3m).

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 $42k. At year end it held assets of $4.5m against liabilities of $2,499, net assets of $4.5m. It reported 2 employees.