Hungry World Farm

Analysis

Hungry World Farm is a registered charity in United States, based in Tiskilwa, IL. It received its IRS tax-exemption ruling in November 2017, 9 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, Hungry World Farm reported income of $242k and spending of $312k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $255k to $242k (-5.3%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hungry World Farm sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Faith in Action North ($242k), Outcast Food Network Inc ($242k) and Acts 2024 Inc ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $48k (15% of expenses). Other salaries and wages came to $16k. At year end it held assets of $2.0m against liabilities of -$33, net assets of $2.0m. It reported 11 employees.