Gods Storehouse Soup Kitchen

Analysis

Gods Storehouse Soup Kitchen is a registered charity in United States, based in Galax, VA. It received its IRS tax-exemption ruling in November 2017, 9 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, Gods Storehouse Soup Kitchen reported income of $208k and spending of $138k, leaving 34% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income fell from $250k to $208k (-17%), an average of -8.7% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gods Storehouse Soup Kitchen sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Refuge Pregnancy Center Inc ($208k), Access Frankfort Inc ($208k) and Historic Plant City Main Street Inc ($208k).

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 $27k. At year end it held assets of $138k against liabilities of $141, net assets of $138k.