Him Food Bank Inc

Analysis

Him Food Bank Inc is a registered charity in United States, based in Mansfield, TX. It received its IRS tax-exemption ruling in April 1989, 37 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, Him Food Bank Inc reported income of $2.6m and spending of $2.8m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.6m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2020, when income rose by 70%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Him Food Bank Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Southwest Improvement Council Inc ($2.6m), New Politics Leadership Academy Inc ($2.6m) and Consumer Credit and Budget Counseling Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $100k (3.5% of expenses). Other salaries and wages came to $240k. It paid $14k in professional fundraising fees. At year end it held assets of $266k against liabilities of $52k, net assets of $214k. It reported 10 employees.