Kitchen Angels Inc

Analysis

Kitchen Angels Inc is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in September 1994, 32 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, Kitchen Angels Inc reported income of $1.7m and spending of $1.3m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.7m (+30%), an average of +6.9% a year. The sharpest change came in the year to December 2020, when income rose by 81%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kitchen Angels Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within NM. Charities of a similar size with the same main cause include Cristo Rey Oklahoma City Corporate Work Study Program Inc ($1.7m), Hillel the Foundation for Jewish Campus Life ($1.7m) and River Foundation Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $109k (8.4% of expenses). Other salaries and wages came to $299k. At year end it held assets of $4.5m against liabilities of $20k, net assets of $4.5m. It reported 11 employees.