Soup or Something Ltd

Analysis

Soup or Something Ltd is a registered charity in United States, based in Douglasville, GA. It received its IRS tax-exemption ruling in October 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Soup or Something Ltd reported income of $98k and spending of $20k, leaving 80% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $150k to $98k (-34%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 7.9% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Soup or Something Ltd sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within GA. Charities of a similar size with the same main cause include Society of St Vincent de Paul St Susanna Conference ($98k), Uniting Disabled Individuals Inc ($99k) and Mark Brister Ministries ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.