Sonshine Soup Kitchen

Analysis

Sonshine Soup Kitchen is a registered charity in United States, based in Derry, NH. It received its IRS tax-exemption ruling in October 1990, 36 years ago. 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 December 2023, Sonshine Soup Kitchen reported income of $317k and spending of $346k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $283k to $317k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2020, when income rose by 52%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sonshine Soup Kitchen sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within NH. Charities of a similar size with the same main cause include Harmonium a Classical Choral Society Inc ($317k), Marstons Mills Public Library Inc ($317k) and River City Mixed Chorus ($317k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $78k (23% of expenses). Other salaries and wages came to $76k. At year end it held assets of $836k against liabilities of $184k, net assets of $651k. It reported 7 employees.