Long Beach Soup Kitchen Inc

Analysis

Long Beach Soup Kitchen Inc is a registered charity in United States, based in Long Beach, NY. It received its IRS tax-exemption ruling in October 2017, 9 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, Long Beach Soup Kitchen Inc reported income of $110k and spending of $85k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $110k (+15%), an average of +15% a year. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Long Beach Soup Kitchen Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include R&da Military Assistance Program Inc ($110k), Personal Growth Center ($110k) and Marshalltown Ymca-Ywca Heritage Club ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $274k against liabilities of $0, net assets of $274k.