New York City Love Kitchen Inc

Analysis

New York City Love Kitchen Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1992, 34 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, New York City Love Kitchen Inc reported income of $1.0m and spending of $1.0m, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $582k to $1.0m (+80%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New York City Love Kitchen Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Child Development Center of Jackson County ($1.0m), FGFF Rapha International Center Inc ($1.0m) and The Bulb Gallery ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $142k. At year end it held assets of $361k against liabilities of -$53k, net assets of $414k. It reported 3 employees.