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Feed the Hungry Pantry of Palm Beach County Inc

RegisteredEIN 82-3760456Palm BCH GDNS, FLPoverty relief
Income$19.7m2023-12
Spending$19.2msame year
Spent / received96%5-year average
Size in its cause97th pctPoverty relief
Exempt since2018Publicly supported organisat
Employees32latest return

Analysis

Feed the Hungry Pantry of Palm Beach County Inc is a registered charity in United States, based in Palm BCH GDNS, FL. It received its IRS tax-exemption ruling in January 2018, 8 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, Feed the Hungry Pantry of Palm Beach County Inc reported income of $19.7m and spending of $19.2m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.7m to $19.7m (+322%), an average of +43% a year. The sharpest change came in the year to December 2020, when income rose by 446%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Feed the Hungry Pantry of Palm Beach County Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Dakota Boys and Girls Ranch Foundation ($19.7m), Bethesda Mission of Harrisburg ($19.7m) and Sid Jacobson Jewish Community Center Inc ($19.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $551k. At year end it held assets of $3.4m against liabilities of $339k, net assets of $3.1m. It reported 32 employees.

Income and spending

$0$6.4m$12.8m$19.1m$25.5m2019 Income: $4,676,8372019 Spending: $4,560,93620192020 Income: $25,519,5712020 Spending: $24,527,73420202021 Income: $15,510,3002021 Spending: $14,594,59620212022 Income: $15,725,4502022 Spending: $15,483,45720222023 Income: $19,725,7872023 Spending: $19,166,3542023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Other 0.9%

Similar-sized charities, same cause

CharityLocationIncome
Dakota Boys and Girls Ranch FoundationMinot$19.7m
Bethesda Mission of HarrisburgHarrisburg$19.7m
Sid Jacobson Jewish Community Center IncEast Hills$19.7m
Bristol Glen IncNeptune$19.8m