Siouxland Community Soup Kitchen Inc

Analysis

Siouxland Community Soup Kitchen Inc is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in February 1988, 38 years ago. 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, Siouxland Community Soup Kitchen Inc reported income of $326k and spending of $288k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $190k to $326k (+72%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Siouxland Community Soup Kitchen Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within IA. Charities of a similar size with the same main cause include Denali Arts Council ($326k), St Thomas Syro-Malabar Catholicchurch ($326k) and Roscommon County United Way ($326k).

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 $78k. At year end it held assets of $703k against liabilities of $1,158, net assets of $702k. It reported 3 employees.