Kitchen Inc

Analysis

Kitchen Inc is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in October 1986, 40 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, Kitchen Inc reported income of $4.3m and spending of $4.0m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $4.3m (+5.1%), an average of +1.2% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kitchen 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 MO. Charities of a similar size with the same main cause include Selfless Love Foundation Inc ($4.3m), Women Moving Millions Inc ($4.3m) and Northwest Pilot Project Inc ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $99k (2.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $11.8m against liabilities of $1.4m, net assets of $10.5m. It reported 49 employees.