Angels and Sparrows Soup Kitchen Inc

Analysis

Angels and Sparrows Soup Kitchen Inc is a registered charity in United States, based in Huntersville, NC. It received its IRS tax-exemption ruling in November 2007, 19 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, Angels and Sparrows Soup Kitchen Inc reported income of $2.3m and spending of $2.0m, spending 86% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $205k to $2.3m (+1014%), an average of +62% a year. The sharpest change came in the year to December 2019, when income rose by 243%. 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, Angels and Sparrows Soup Kitchen 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 87th percentile, and in the 88th percentile within NC. Charities of a similar size with the same main cause include Hope Heals ($2.3m), Maryland Baptist Aged Home of the United Baptist Missionary Conven- ($2.3m) and Westonwood Ranch Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Other salaries and wages came to $391k. At year end it held assets of $2.5m against liabilities of $597k, net assets of $1.9m. It reported 7 employees.