Anniston Soup Bowl Inc

Analysis

Anniston Soup Bowl Inc is a registered charity in United States, based in Anniston, AL. It received its IRS tax-exemption ruling in January 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 September 2023, Anniston Soup Bowl Inc reported income of $156k and spending of $143k, spending 91% of its income. Across the 6 years on record, from September 2018 to September 2023, income grew from $123k to $156k (+27%), an average of +4.9% a year. The sharpest change came in the year to September 2023, when income rose by 30%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Anniston Soup Bowl Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within AL. Charities of a similar size with the same main cause include Assisted Care Facility ($156k), Maranatha Home Society ($156k) and Christs Starfish Foundation Inc ($156k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $31k (22% of expenses). Other salaries and wages came to $38k. At year end it held assets of $599k against liabilities of $1,792, net assets of $597k. It reported 4 employees.