Hunger Corp

Analysis

Hunger Corp is a registered charity in United States, based in Manati, PR. It received its IRS tax-exemption ruling in November 2020, 6 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, Hunger Corp reported income of $610k and spending of $607k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $341k to $610k (+79%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hunger Corp sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 59th percentile within PR. Charities of a similar size with the same main cause include Chico Area Council on Aging Inc ($610k), The Shepherds Center of Kernersville Inc ($610k) and Grace Clinic of Yadkin Valley ($610k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $198k. At year end it held assets of $25k against liabilities of $242k, net assets of -$217k. It reported 7 employees.