Teaching Kitchen Collaborative Inc

Analysis

Teaching Kitchen Collaborative Inc is a registered charity in United States, based in Burlington, MA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Teaching Kitchen Collaborative Inc reported income of $999k and spending of $1.8m, spending 184% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $2.2m to $999k (-55%), an average of -23% a year. The sharpest change came in the year to December 2021, when income dropped by 59%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Teaching Kitchen Collaborative Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include New Leaf Resources ($999k), Sister-To-Sister 2 Incorporated ($999k) and Genesis Health Services Inc ($999k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $230k (13% of expenses). Other salaries and wages came to $202k. At year end it held assets of $1.4m against liabilities of $421k, net assets of $977k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.