Stone Soup Cafe Inc

Analysis

Stone Soup Cafe Inc is a registered charity in United States, based in Greenfield, MA. It received its IRS tax-exemption ruling in September 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Stone Soup Cafe Inc reported income of $663k and spending of $639k, spending 96% of its income. The sharpest change came in the year to December 2022, when income rose by 350%. 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, Stone Soup Cafe Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Higher Learning Development Center Inc ($662k), Nuestras Raices Inc ($663k) and Refuge for Children Inc ($662k).

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 $208k (32% of expenses). Other salaries and wages came to $137k. At year end it held assets of $232k against liabilities of $20k, net assets of $212k. It reported 26 employees.