Community Soup Kitchen Inc

Analysis

Community Soup Kitchen Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in November 1984, 42 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 December 2023, Community Soup Kitchen Inc reported income of $563k and spending of $638k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $742k to $563k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Soup Kitchen Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CT. Charities of a similar size with the same main cause include Chicon Pregnancy Resource Center ($563k), Franciscan Community Development Center of Fairview ($563k) and Syracuse Jewish Family Service ($563k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $168k. At year end it held assets of $567k against liabilities of $29k, net assets of $538k. It reported 9 employees.