Manna-The Durango Soup Kitchen

Analysis

Manna-The Durango Soup Kitchen is a registered charity in United States, based in Durango, CO. It received its IRS tax-exemption ruling in March 1986, 40 years ago. 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, Manna-The Durango Soup Kitchen reported income of $3.7m and spending of $3.3m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $3.7m (+219%), an average of +34% a year. The sharpest change came in the year to December 2020, when income rose by 59%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Manna-The Durango Soup Kitchen sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include YWCA Pierce County ($3.7m), Cambridge Montessori School Inc ($3.7m) and Dayspring Foundation ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $92k (2.8% of expenses). Other salaries and wages came to $756k. At year end it held assets of $3.6m against liabilities of $66k, net assets of $3.6m. It reported 40 employees.