Human Needs Food Pantry Inc
Human Needs Food Pantry: Strong Program Spending, Modest Reserves
EIN: 223057065 · Montclair, NJ · NTEE: P20Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $1.9M |
| Program Spending | 85% |
| Net Assets | $3.5M |
| Transparency Score | 85/100 |
Is Human Needs Food Pantry Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Human Needs Food Pantry Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Human Needs Food Pantry Inc
Human Needs Food Pantry Inc (EIN: 223057065) is a nonprofit organization based in Montclair, NJ, classified under NTEE code P20Z. The organization reported total revenue of $2.4M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Human Needs Food Pantry Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Human Needs Food Pantry Inc is a mid-size nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-169,103 |
| Total Assets | $3.5M |
| Total Liabilities | $25K |
| Net Assets | $3.5M |
| Operating Margin | -9.5% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 21.6 months |
Financial Health Grade: B
In 2023, Human Needs Food Pantry Inc reported a deficit of $169K with expenses exceeding revenue, holds 21.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Human Needs Food Pantry Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.9% | +22.9% | +1.0% |
| 2022 | -9.8% | +14.6% | -8.1% |
| 2021 | +7.7% | +22.8% | +19.0% |
| 2020 | +23.8% | -13.7% | +31.6% |
| 2019 | +4.6% | +9.9% | +11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Human Needs Food Pantry Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Human Needs Food Pantry Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $169K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Executive compensation appears to be minimal or non-existent, with 'c0%' reported across all years, indicating no compensation for officers, directors, trustees, or key employees, which is highly efficient for a nonprofit of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Human Needs Food Pantry Inc's IRS 990 filings:
- Reliance on grants and donations for revenue, which can fluctuate year-to-year.
- Net assets have shown some fluctuation, with a decrease from $3,752,735 in 2021 to $3,485,305 in 2023.
Strengths
The following positive indicators were identified for Human Needs Food Pantry Inc:
- Consistently high percentage of expenses dedicated to programs (implied by low admin/fundraising).
- Healthy revenue growth from $1,315,355 in 2018 to $1,770,822 in 2023.
- Maintains a solid asset base, with total assets of $3,485,305 in 2023.
- Very low administrative and fundraising costs, maximizing impact per dollar.
- Consistent operational history dating back to at least 2016.
Frequently Asked Questions about Human Needs Food Pantry Inc
Is Human Needs Food Pantry Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Human Needs Food Pantry Inc (EIN: 223057065) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Human Needs Food Pantry Inc spend its money?
Human Needs Food Pantry Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Human Needs Food Pantry Inc tax-deductible?
Human Needs Food Pantry Inc is registered as a tax-exempt nonprofit (EIN: 223057065). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Human Needs Food Pantry Inc's spending goes to programs?
Human Needs Food Pantry Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Human Needs Food Pantry Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Human Needs Food Pantry Inc is above average for NTEE category P20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Human Needs Food Pantry Inc located?
Human Needs Food Pantry Inc is headquartered in Montclair, New Jersey and files with the IRS under EIN 223057065. It is classified under NTEE code P20Z.
How many years of IRS 990 filings does Human Needs Food Pantry Inc have?
Human Needs Food Pantry Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.4M in total revenue.
What does Human Needs Food Pantry Inc do?
Human Needs Food Pantry Inc is a nonprofit organization in the Human Services sector, located in Montclair, New Jersey. It is classified under NTEE code P20Z.
How much revenue does Human Needs Food Pantry Inc have?
Human Needs Food Pantry Inc reported total revenue of $2,421,205. Based on 13 IRS 990 filings on record.
What are Human Needs Food Pantry Inc's total assets?
Human Needs Food Pantry Inc holds total assets of $3,538,174 as reported in IRS 990 filings.
Where is Human Needs Food Pantry Inc located?
Human Needs Food Pantry Inc is based in Montclair, New Jersey.
What is Human Needs Food Pantry Inc's EIN?
Human Needs Food Pantry Inc's Employer Identification Number (EIN) is 223057065. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Human Needs Food Pantry Inc?
Human Needs Food Pantry Inc is classified under NTEE code P20Z (Human Services).
Is Human Needs Food Pantry Inc a registered 501(c)(3)?
Yes, Human Needs Food Pantry Inc is recognized as a tax-exempt organization by the IRS. EIN: 223057065.
Does Human Needs Food Pantry Inc file IRS Form 990?
Yes, Human Needs Food Pantry Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Human Needs Food Pantry Inc's revenue in 2023?
In the 202312 filing period, Human Needs Food Pantry Inc reported total revenue of $1,770,822, total expenses of $1,939,925, and net assets of $3,485,305.
Is Human Needs Food Pantry Inc's revenue growing or declining?
Human Needs Food Pantry Inc's revenue is growing. Revenue went from $1,655,908 (202212) to $1,770,822 (202312), a +6.9% change. Based on 13 filings on record.
What is Human Needs Food Pantry Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Human Needs Food Pantry Inc covers tax period 202312. It shows revenue of $1,770,822, expenses of $1,939,925, total assets of $3,485,305, and liabilities of $25,229.
How much does Human Needs Food Pantry Inc spend on programs vs administration?
Based on IRS 990 analysis, Human Needs Food Pantry Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Human Needs Food Pantry Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Human Needs Food Pantry Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 5 strengths noted.
What are the red flags for Human Needs Food Pantry Inc?
The following concerns were identified: Reliance on grants and donations for revenue, which can fluctuate year-to-year.. Net assets have shown some fluctuation, with a decrease from $3,752,735 in 2021 to $3,485,305 in 2023.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Human Needs Food Pantry Inc's strengths?
Positive indicators for Human Needs Food Pantry Inc include: Consistently high percentage of expenses dedicated to programs (implied by low admin/fundraising).. Healthy revenue growth from $1,315,355 in 2018 to $1,770,822 in 2023.. Maintains a solid asset base, with total assets of $3,485,305 in 2023.. Very low administrative and fundraising costs, maximizing impact per dollar.. Consistent operational history dating back to at least 2016.. These findings are derived from AI analysis of the organization's financial filings.
How does Human Needs Food Pantry Inc compensate executives?
Executive compensation appears to be minimal or non-existent, with 'c0%' reported across all years, indicating no compensation for officers, directors, trustees, or key employees, which is highly efficient for a nonprofit of this size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the lack of reported executive compensation impact the organization's long-term sustainability and ability to attract specialized talent?
While highly efficient in the short term, the absence of reported executive compensation (c0%) could pose challenges in attracting and retaining experienced leadership or specialized talent needed for strategic growth and complex operational management in the future, potentially limiting scalability.
Given the 'nt' code 'P20Z', what specific types of programs does Human Needs Food Pantry Inc. primarily focus on, and how is this reflected in their expenditure patterns?
The 'P20Z' code typically indicates a focus on food distribution and related services. The consistently high program spending (implied by low admin/fundraising percentages) strongly suggests that the vast majority of their expenditures are directly on acquiring, storing, and distributing food to those in need, aligning with their mission as a food pantry.
Filing History
IRS 990 filing history for Human Needs Food Pantry Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Human Needs Food Pantry Inc's revenue has grown by 147.3%, moving from $716K to $1.8M. Total assets increased by 147.9% over the same period, from $1.4M to $3.5M. Total functional expenses rose by 201.7%, from $643K to $1.9M. In its most recent filing year (2023), Human Needs Food Pantry Inc reported a deficit of $169K, with expenses exceeding revenue. The organization holds $25K in liabilities against $3.5M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.9M | $3.5M | $25K | — | — |
| 2022 | $1.7M | $1.6M | $3.4M | $23K | — | View 990 |
| 2021 | $1.8M | $1.4M | $3.8M | $26K | — | View 990 |
| 2020 | $1.7M | $1.1M | $3.2M | $57K | — | View 990 |
| 2019 | $1.4M | $1.3M | $2.4M | $27K | — | View 990 |
| 2018 | $1.3M | $1.2M | $2.1M | $24K | — | View 990 |
| 2017 | $1.2M | $1.1M | $2.1M | $23K | — | View 990 |
| 2016 | $1.3M | $1.1M | $1.9M | $23K | — | View 990 |
| 2015 | $1.2M | $1.1M | $1.7M | $23K | — | View 990 |
| 2014 | $990K | $933K | $1.7M | $28K | — | View 990 |
| 2013 | $808K | $718K | $1.6M | $32K | — | View 990 |
| 2012 | $667K | $647K | $1.5M | $40K | — | View 990 |
| 2011 | $716K | $643K | $1.4M | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.9M, and assets of $3.5M (revenue +6.9% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.6M, and assets of $3.4M (revenue -9.8% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.4M, and assets of $3.8M (revenue +7.7% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.1M, and assets of $3.2M (revenue +23.8% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.3M, and assets of $2.4M (revenue +4.6% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.2M, and assets of $2.1M (revenue +5.9% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.1M, and assets of $2.1M (revenue -1.6% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.1M, and assets of $1.9M (revenue +7.3% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $1.7M (revenue +18.8% year-over-year).
- 2014: Revenue of $990K, expenses of $933K, and assets of $1.7M (revenue +22.5% year-over-year).
- 2013: Revenue of $808K, expenses of $718K, and assets of $1.6M (revenue +21.1% year-over-year).
- 2012: Revenue of $667K, expenses of $647K, and assets of $1.5M (revenue -6.9% year-over-year).
- 2011: Revenue of $716K, expenses of $643K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Human Needs Food Pantry Inc:
Data Sources and Methodology
This transparency report for Human Needs Food Pantry Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.