So All May Eat Inc

Analysis

So All May Eat Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover human services, 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, So All May Eat Inc reported income of $1.2m and spending of $1.4m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $567k to $1.2m (+104%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, So All May Eat Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within CO. Charities of a similar size with the same main cause include Village of Hope Learning Center ($1.2m), Bloomsburg Area Young Mens Christian Association ($1.2m) and Cornerstone Child Care and Youth Center Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $93k (6.9% of expenses). Other salaries and wages came to $613k. At year end it held assets of $725k against liabilities of $262k, net assets of $463k. It reported 24 employees.