Soup-N-Share Outreach Program

Analysis

Soup-N-Share Outreach Program is a registered charity in United States, based in Madison, IL. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Soup-N-Share Outreach Program reported income of $307k and spending of $297k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $512k to $307k (-40%), an average of -12% a year. The sharpest change came in the year to December 2021, when income dropped by 48%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Soup-N-Share Outreach Program sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include Renewable Farms ($307k), Des Moines Refugee Support ($307k) and Feeding Charlotte Inc ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $33k (11% of expenses). At year end it held assets of $42k against liabilities of $0, net assets of $42k. It reported 2 employees.