East Boston Community Soup Kitchen Inc

Analysis

East Boston Community Soup Kitchen Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover human services, 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, East Boston Community Soup Kitchen Inc reported income of $495k and spending of $510k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $248k to $495k (+100%), an average of +41% a year. The sharpest change came in the year to December 2022, when income rose by 85%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, East Boston Community Soup Kitchen Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include Dharma Voyage Inc ($495k), Bridges Oregon ($495k) and Lincoln Council of the Society Ofst Vincent Depaul ($495k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $96k. At year end it held assets of $132k against liabilities of $753, net assets of $131k. It reported 3 employees.