Nourishment for the Needy Inc

Analysis

Nourishment for the Needy Inc is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in July 1986, 40 years ago. 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, Nourishment for the Needy Inc reported income of $396k and spending of $311k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $315k to $396k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nourishment for the Needy Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Big Brothers Big Sisters of the Tennessee Valley Inc ($396k), Chesterfield County Council on Aging ($396k) and PTA California Congress of Parents Teachers & Students Inc ($396k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $206k against liabilities of $0, net assets of $206k.