Spice Field Kitchens Inc

Analysis

Spice Field Kitchens Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in July 2017, 9 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 June 2023, Spice Field Kitchens Inc reported income of $141k and spending of $174k, spending 124% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $192k to $141k (-27%), an average of -27% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spice Field Kitchens Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include The Gateway of Hope ($141k), Concern Inc ($141k) and Family Promise of Hudson County a New NJ Nonprofit Corporation ($141k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $88k against liabilities of $25k, net assets of $63k.