Community Cooks Inc

Analysis

Community Cooks Inc is a registered charity in United States, based in Somerville, MA. It received its IRS tax-exemption ruling in January 2012, 14 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 June 2023, Community Cooks Inc reported income of $543k and spending of $477k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $486k to $543k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2021, when income dropped by 33%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Cooks Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Hope in Our City ($543k), Love Without Reason Inc ($544k) and Garrett Cooperative Ministry Inc ($543k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $168k (35% of expenses). Other salaries and wages came to $99k. At year end it held assets of $474k against liabilities of $48k, net assets of $426k. It reported 6 employees.