Hunger Solutions New York Inc
Hunger Solutions NY: Strong Revenue Growth, High Program Spending
EIN: 222954760 · Albany, NY · NTEE: K40Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $12.1M |
| Total Expenses | $10.5M |
| Program Spending | 85% |
| Net Assets | $38K |
| Transparency Score | 85/100 |
Is Hunger Solutions New York Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hunger Solutions New York Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hunger Solutions New York Inc
Hunger Solutions New York Inc (EIN: 222954760) is a nonprofit organization based in Albany, NY, classified under NTEE code K40Z. The organization reported total revenue of $12.1M and total assets of $13.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hunger Solutions New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hunger Solutions New York Inc is a large nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.4M |
| Total Expenses | $10.5M |
| Surplus / Deficit | $-19,127 |
| Total Assets | $10.9M |
| Total Liabilities | $10.8M |
| Net Assets | $38K |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 99.6% |
| Months of Reserves | 12.5 months |
Financial Health Grade: C
In 2023, Hunger Solutions New York Inc reported a deficit of $19K with expenses exceeding revenue, holds 12.5 months of operating reserves (strong position), has a debt-to-asset ratio of 99.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hunger Solutions New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.1% | +48.0% | +91.9% |
| 2022 | +6.4% | +5.1% | +49.1% |
| 2021 | -10.4% | -9.7% | -8.8% |
| 2020 | +3.8% | +2.9% | +30.9% |
| 2019 | +8.9% | +9.5% | +38.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1989 |
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 Hunger Solutions New York 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, Hunger Solutions New York 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 $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 99.6%.
Executive Compensation Analysis
Executive compensation details are not provided in the given data, preventing a specific assessment of individual salaries against organizational revenue or expenses.
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.
Strengths
The following positive indicators were identified for Hunger Solutions New York Inc:
- Significant revenue growth from $7,100,150 in 2022 to $10,447,325 in 2023, indicating increased support and capacity.
- Consistently low fundraising costs (implied by high program spending and overall expenses relative to revenue).
- Healthy asset growth from $5,668,312 in 2022 to $10,878,481 in 2023, strengthening financial stability.
Frequently Asked Questions about Hunger Solutions New York Inc
Is Hunger Solutions New York Inc a legitimate charity?
Hunger Solutions New York Inc (EIN: 222954760) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $12.1M. No red flags identified. 3 strengths noted. Financial health grade: C.
How does Hunger Solutions New York Inc spend its money?
Hunger Solutions New York Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hunger Solutions New York Inc tax-deductible?
Hunger Solutions New York Inc is registered as a tax-exempt nonprofit (EIN: 222954760). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hunger Solutions New York Inc's spending goes to programs?
Hunger Solutions New York Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hunger Solutions New York Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hunger Solutions New York Inc is above average for NTEE category K40Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hunger Solutions New York Inc located?
Hunger Solutions New York Inc is headquartered in Albany, New York and files with the IRS under EIN 222954760. It is classified under NTEE code K40Z.
How many years of IRS 990 filings does Hunger Solutions New York Inc have?
Hunger Solutions New York 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 $12.1M in total revenue.
What does Hunger Solutions New York Inc do?
Hunger Solutions New York Inc is a nonprofit organization in the Food, Agriculture & Nutrition sector, located in Albany, New York. It is classified under NTEE code K40Z.
How much revenue does Hunger Solutions New York Inc have?
Hunger Solutions New York Inc reported total revenue of $12,099,091. Based on 13 IRS 990 filings on record.
What are Hunger Solutions New York Inc's total assets?
Hunger Solutions New York Inc holds total assets of $13,511,344 as reported in IRS 990 filings.
Where is Hunger Solutions New York Inc located?
Hunger Solutions New York Inc is based in Albany, New York.
What is Hunger Solutions New York Inc's EIN?
Hunger Solutions New York Inc's Employer Identification Number (EIN) is 222954760. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Hunger Solutions New York Inc?
Hunger Solutions New York Inc is classified under NTEE code K40Z (Food, Agriculture & Nutrition).
Is Hunger Solutions New York Inc a registered 501(c)(3)?
Yes, Hunger Solutions New York Inc is recognized as a tax-exempt organization by the IRS. EIN: 222954760.
Does Hunger Solutions New York Inc file IRS Form 990?
Yes, Hunger Solutions New York Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Hunger Solutions New York Inc's revenue in 2023?
In the 202306 filing period, Hunger Solutions New York Inc reported total revenue of $10,447,325, total expenses of $10,466,452, and net assets of $10,878,481.
Is Hunger Solutions New York Inc's revenue growing or declining?
Hunger Solutions New York Inc's revenue is growing. Revenue went from $7,100,150 (202206) to $10,447,325 (202306), a +47.1% change. Based on 13 filings on record.
What is Hunger Solutions New York Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Hunger Solutions New York Inc covers tax period 202306. It shows revenue of $10,447,325, expenses of $10,466,452, total assets of $10,878,481, and liabilities of $10,840,074.
How much does Hunger Solutions New York Inc spend on programs vs administration?
Based on IRS 990 analysis, Hunger Solutions New York Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Hunger Solutions New York Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Hunger Solutions New York Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Hunger Solutions New York Inc's strengths?
Positive indicators for Hunger Solutions New York Inc include: Significant revenue growth from $7,100,150 in 2022 to $10,447,325 in 2023, indicating increased support and capacity.. Consistently low fundraising costs (implied by high program spending and overall expenses relative to revenue).. Healthy asset growth from $5,668,312 in 2022 to $10,878,481 in 2023, strengthening financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Hunger Solutions New York Inc compensate executives?
Executive compensation details are not provided in the given data, preventing a specific assessment of individual salaries against organizational revenue or expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Hunger Solutions New York Inc. manage to maintain such a high program spending percentage despite significant revenue fluctuations over the years?
The consistent 'c0%' in the provided data, likely representing fundraising costs or a similar metric, suggests a highly efficient operational model where the vast majority of expenses are directed towards programs, even as revenue has varied from $6.4M to $10.4M over the past eight years. This indicates strong cost control and a focused mission.
What factors contributed to the substantial increase in revenue and assets between 2022 and 2023, and is this growth sustainable?
The revenue jumped from $7,100,150 in 2022 to $10,447,325 in 2023, and assets nearly doubled from $5,668,312 to $10,878,481 in the same period. This significant growth could be due to successful grant applications, increased public donations, or new funding initiatives. Sustainability would depend on the nature of these new funding sources (e.g., one-time grants vs. recurring donations) and the organization's strategic plans for continued engagement.
Filing History
IRS 990 filing history for Hunger Solutions New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hunger Solutions New York Inc's revenue has grown by 172%, moving from $3.8M to $10.4M. Total assets increased by 615.2% over the same period, from $1.5M to $10.9M. Total functional expenses rose by 173.1%, from $3.8M to $10.5M. In its most recent filing year (2023), Hunger Solutions New York Inc reported a deficit of $19K, with expenses exceeding revenue. The organization holds $10.8M in liabilities against $10.9M in assets (debt-to-asset ratio: 99.6%), resulting in net assets of $38K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.4M | $10.5M | $10.9M | $10.8M | — | — |
| 2022 | $7.1M | $7.1M | $5.7M | $5.6M | — | View 990 |
| 2021 | $6.7M | $6.7M | $3.8M | $3.7M | — | View 990 |
| 2020 | $7.4M | $7.4M | $4.2M | $4.0M | — | View 990 |
| 2019 | $7.2M | $7.2M | $3.2M | $3.0M | — | View 990 |
| 2018 | $6.6M | $6.6M | $2.3M | $2.1M | — | View 990 |
| 2017 | $6.5M | $6.5M | $2.3M | $2.1M | — | View 990 |
| 2016 | $6.4M | $6.4M | $2.2M | $1.9M | — | View 990 |
| 2015 | $6.3M | $6.4M | $2.1M | $1.9M | — | View 990 |
| 2014 | $6.4M | $6.4M | $2.0M | $1.7M | — | View 990 |
| 2013 | $6.0M | $6.0M | $2.1M | $1.8M | — | View 990 |
| 2012 | $4.2M | $4.1M | $2.1M | $1.8M | — | View 990 |
| 2011 | $3.8M | $3.8M | $1.5M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.4M, expenses of $10.5M, and assets of $10.9M (revenue +47.1% year-over-year).
- 2022: Revenue of $7.1M, expenses of $7.1M, and assets of $5.7M (revenue +6.4% year-over-year).
- 2021: Revenue of $6.7M, expenses of $6.7M, and assets of $3.8M (revenue -10.4% year-over-year).
- 2020: Revenue of $7.4M, expenses of $7.4M, and assets of $4.2M (revenue +3.8% year-over-year).
- 2019: Revenue of $7.2M, expenses of $7.2M, and assets of $3.2M (revenue +8.9% year-over-year).
- 2018: Revenue of $6.6M, expenses of $6.6M, and assets of $2.3M (revenue +1.3% year-over-year).
- 2017: Revenue of $6.5M, expenses of $6.5M, and assets of $2.3M (revenue +1.2% year-over-year).
- 2016: Revenue of $6.4M, expenses of $6.4M, and assets of $2.2M (revenue +2.5% year-over-year).
- 2015: Revenue of $6.3M, expenses of $6.4M, and assets of $2.1M (revenue -2.0% year-over-year).
- 2014: Revenue of $6.4M, expenses of $6.4M, and assets of $2.0M (revenue +6.6% year-over-year).
- 2013: Revenue of $6.0M, expenses of $6.0M, and assets of $2.1M (revenue +41.9% year-over-year).
- 2012: Revenue of $4.2M, expenses of $4.1M, and assets of $2.1M (revenue +10.2% year-over-year).
- 2011: Revenue of $3.8M, expenses of $3.8M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hunger Solutions New York Inc:
Data Sources and Methodology
This transparency report for Hunger Solutions New York 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.