Kenneth Butler Memorial Soup Kitchen Inc

Analysis

Kenneth Butler Memorial Soup Kitchen Inc is a registered charity in United States, based in Greenfield, IN. It received its IRS tax-exemption ruling in March 2009, 17 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, Kenneth Butler Memorial Soup Kitchen Inc reported income of $362k and spending of $236k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $208k to $362k (+74%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 57%. 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, Kenneth Butler Memorial Soup Kitchen Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IN. Charities of a similar size with the same main cause include Broseley Senior Citizens Inc ($362k), Willing Partners Inc ($362k) and Texas Oilmans Charity Invitational Fishing Tournament Inc ($362k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $46k (20% of expenses). At year end it held assets of $783k against liabilities of $0, net assets of $783k. It reported 6 employees.