Soul Food Community Development Corporation Inc

Analysis

Soul Food Community Development Corporation Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Soul Food Community Development Corporation Inc reported income of $559k and spending of $548k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $513k to $559k (+8.9%), an average of +8.9% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Soul Food Community Development Corporation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Ahepa 310-Vi Inc ($558k), Columbus Outdoor Pursuits Inc ($559k) and Episcopal Housing Ministry Inc ($558k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.