Bills Kitchen Inc

Analysis

Bills Kitchen Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover human services, 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, Bills Kitchen Inc reported income of $2.7m and spending of $2.8m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.7m (+31%), an average of +7.1% a year. 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, Bills Kitchen Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 84th percentile within PR. Charities of a similar size with the same main cause include Roanoke Developmental Center Inc ($2.7m), Alabama Childhood Food Solutions Inc ($2.7m) and Another Way Inc ($2.7m).

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 $734k. At year end it held assets of $1.5m against liabilities of $268k, net assets of $1.2m. It reported 25 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.