Gaithersburg Community Soup Kitchen Inc

Analysis

Gaithersburg Community Soup Kitchen Inc is a registered charity in United States, based in Washingtn GRV, MD. It received its IRS tax-exemption ruling in September 1985, 41 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, Gaithersburg Community Soup Kitchen Inc reported income of $115k and spending of $116k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $115k (+5.3%), an average of +5.3% a year. Over the whole period it spent 119% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gaithersburg Community Soup Kitchen Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within MD. Charities of a similar size with the same main cause include Centaur Stride Inc ($115k), Sharing His Love Inc ($115k) and Nzinga Incorporated ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $188k against liabilities of $0, net assets of $188k.