The Giving Kitchen Initiative Inc

Analysis

The Giving Kitchen Initiative Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Giving Kitchen Initiative Inc reported income of $5.5m and spending of $7.6m, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $5.5m (+157%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 171%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Giving Kitchen Initiative Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include Bozeman Deaconess Foundation ($5.5m), Jackson Community Foundation ($5.5m) and Yhb Charitable Endowment Inc ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $191k (2.5% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $2.9m against liabilities of $423k, net assets of $2.4m. It reported 36 employees.