The Collaborative International Dictionary of English v.0.48:

Needy \Need"y\, a. [Compar. Needier; superl. Neediest.]
   1. Distressed by want of the means of living; very poor;
      indigent; necessitous.
      [1913 Webster]

            Thou shalt open thy hand wide unto thy brother, to
            thy poor, and to thy needy in thy land. --Deut. xv.
                                                  11.
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            Spare the blushes of needy merit.     --Dr. T.
                                                  Dwight.
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   2. Necessary; requisite. [Obs.]
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            Corn to make your needy bread.        --Shak.
      [1913 Webster] Neeld