Helping Hands Food Pantry Inc

Analysis

Helping Hands Food Pantry Inc is a registered charity in United States, based in Gardiner, NY. It received its IRS tax-exemption ruling in April 2023, 3 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, Helping Hands Food Pantry Inc reported income of $173k and spending of $143k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $173k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Hands Food Pantry Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Joses Closet Inc ($173k), Beautiful Tomorrow ($173k) and Zanesville Daybreak Rotary Foundation Inc ($173k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.