Truro Community Kitchen

Analysis

Truro Community Kitchen is a registered charity in United States, based in North Truro, MA. It received its IRS tax-exemption ruling in April 2020, 6 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 (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, Truro Community Kitchen reported income of $75k and spending of $62k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $75k (-39%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Truro Community Kitchen sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include Kidsuccess Inc ($75k), Reflective Spaces Ministry Corp ($75k) and Christian Counseling Services ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.