Nashua Soup Kitchen and Shelter Incorporated

Analysis

Nashua Soup Kitchen and Shelter Incorporated is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in October 1981, 45 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 June 2023, Nashua Soup Kitchen and Shelter Incorporated reported income of $5.1m and spending of $2.5m, leaving 51% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.2m to $5.1m (+129%), an average of +32% a year. The sharpest change came in the year to June 2021, when income rose by 84%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nashua Soup Kitchen and Shelter Incorporated sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NH. Charities of a similar size with the same main cause include Jewish Family Service of Metrowest Inc ($5.1m), Northern California Carpenters Relief Fund ($5.1m) and Nosotros ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 0.5% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $14.8m against liabilities of $3.8m, net assets of $11.0m. It reported 41 employees.