Hyde Park Food Pantry Inc

Analysis

Hyde Park Food Pantry Inc is a registered charity in United States, based in Hyde Park, NY. It received its IRS tax-exemption ruling in June 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hyde Park Food Pantry Inc reported income of $65k and spending of $50k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $65k (+7.0%), an average of +7.0% a year. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hyde Park Food Pantry Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Valley of Blessing Restoration Inc ($65k), Samaritan Miracles ($65k) and Kids for Utica Outreach Ministries Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.