The Spartanburg Soup Kitchen Inc

Analysis

The Spartanburg Soup Kitchen Inc is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in October 2009, 17 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, The Spartanburg Soup Kitchen Inc reported income of $1.4m and spending of $1.2m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $772k to $1.4m (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 97%. 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, The Spartanburg Soup Kitchen Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within SC. Charities of a similar size with the same main cause include Annas House Foundation ($1.4m), Bolton Refuge House Inc ($1.4m) and Shelter House Incorporated ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $290k. At year end it held assets of $2.0m against liabilities of $10k, net assets of $2.0m. It reported 17 employees.