Soup Kitchen in Provincetown Inc

Analysis

Soup Kitchen in Provincetown Inc is a registered charity in United States, based in Provincetown, MA. It received its IRS tax-exemption ruling in October 2002, 24 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, Soup Kitchen in Provincetown Inc reported income of $418k and spending of $306k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $217k to $418k (+93%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 57%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Soup Kitchen in Provincetown Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Working Wonders ($418k), Posey County Council on Aging Inc ($419k) and Charter for Compassion International ($418k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $77k. At year end it held assets of $1.1m against liabilities of $1,031, net assets of $1.1m. It reported 5 employees.