Kitchen Possible Inc

Analysis

Kitchen Possible Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Kitchen Possible Inc reported income of $61k and spending of $56k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $7,452 to $61k (+721%), an average of +186% a year. The sharpest change came in the year to December 2022, when income rose by 570%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kitchen Possible Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within IL. Charities of a similar size with the same main cause include Soul2soulz Inc ($61k), Createaskate Org ($61k) and Love Your Neighbor Asia Corporation ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $180k against liabilities of $0, net assets of $180k.