Athens Soup Kitchen Inc

Analysis

Athens Soup Kitchen Inc is a registered charity in United States, based in Athens, TX. It received its IRS tax-exemption ruling in October 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 December 2023, Athens Soup Kitchen Inc reported income of $100k and spending of $53k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $49k to $100k (+103%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 1288%. Over the whole period it spent 36% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Athens Soup Kitchen Inc 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 37th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include McCleary Food Bank ($100k), Tri-County Excelsior Foundation ($100k) and The Areo Fund Inc ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $829k against liabilities of $0, net assets of $829k.