Shepherds Table Soup Kitchen Inc

Analysis

Shepherds Table Soup Kitchen Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in June 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, Shepherds Table Soup Kitchen Inc reported income of $991k and spending of $652k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $609k to $991k (+63%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shepherds Table Soup Kitchen Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Universal Family Network Ministries ($991k), Womens Resource Center of Hancock County Inc ($991k) and Daisy Adams Center Inc ($991k).

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 $112k (17% of expenses). Other salaries and wages came to $94k. At year end it held assets of $1.8m against liabilities of $28k, net assets of $1.8m. It reported 14 employees.