Community Kitchen of Monroe County Inc

Analysis

Community Kitchen of Monroe County Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in January 1985, 41 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 Kitchen of Monroe County Inc reported income of $2.1m and spending of $1.6m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.1m (+80%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Kitchen of Monroe County Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Ayni Institute Inc ($2.1m), Western Assemblies Home ($2.1m) and Sipes Orchard Home ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $167k (10% of expenses). Other salaries and wages came to $410k. At year end it held assets of $2.4m against liabilities of $77k, net assets of $2.3m. It reported 28 employees.