Heart 2 Hand Bingham Food Pantry

Analysis

Heart 2 Hand Bingham Food Pantry is a registered charity in United States, based in Shelley, ID. It received its IRS tax-exemption ruling in March 2021, 5 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, Heart 2 Hand Bingham Food Pantry reported income of $286k and spending of $253k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $363k to $286k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heart 2 Hand Bingham Food Pantry sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within ID. Charities of a similar size with the same main cause include Faith Works Michigan ($286k), Fund for American Diplomacy ($286k) and United Churches Assistance Network Inc ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $500 (0.2% of expenses). At year end it held assets of $368k against liabilities of $77, net assets of $368k. It reported 1 employees.