Good News Community Kitchen

Analysis

Good News Community Kitchen is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Good News Community Kitchen reported income of $297k and spending of $354k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $52k to $297k (+467%), an average of +54% a year. The sharpest change came in the year to December 2020, when income rose by 549%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good News Community Kitchen sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Inspire by Action Inc ($296k), Uplift Community Foundation ($297k) and Federacion Jalisciense Del Medio Oeste ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $209k. At year end it held assets of $238k against liabilities of $2,979, net assets of $235k. It reported 3 employees.