FEEDING HANDS INC
Mission Statement
Feeding Hands exists to care for the poor by loving and serving our neighbors in need by engaging individuals, organizations, and businesses in addressing the issues of poverty. We have built an organization of excellence, modeling how to develop food pantry programs which profoundly impact both those we serve, those who serve, and the communities in which we work. With our focus on empathy, connection, and stewardship, Feeding Hands service to the struggling among us strengthens the bonds of our communities. Utilizing a culture that cultivates contagious volunteerism, we engage the entire community and our many partners changing not only in the way people view food insecurity but also the way they view their neighbors and their personal responsibility as a caring member of the community.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
97.9% | 85.5% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.8% | 11.3% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.3% | 0.4% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.9 mo | 8.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
22.2% | 13.3% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 93.2% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
11.9% | 7.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
16.5% | 7.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
4.3% | 1.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $3.7M | $3.6M | $1.2M | 97.9% | 9 |
| 2023 | $3.3M | $3.1M | $1.0M | 98.7% | 9 |
| 2022 | $2.5M | $2.3M | $736K | 98.8% | 6 |
| 2021 | $1.9M | $1.6M | N/A | — | 7 |
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