Matt Talbot Kitchen & Outreach Inc

Analysis

Matt Talbot Kitchen & Outreach Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in April 1994, 32 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, Matt Talbot Kitchen & Outreach Inc reported income of $4.2m and spending of $3.1m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $4.2m (+66%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Matt Talbot Kitchen & Outreach Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within NE. Charities of a similar size with the same main cause include Trinity United Church of Christ Child Care Centers Inc ($4.2m), Alexandria Area Young Mens Christian Association ($4.2m) and Mountain States Childrens Home Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $145k (4.7% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $8.0m against liabilities of $168k, net assets of $7.8m. It reported 30 employees.