Hot Soup

Analysis

Hot Soup is a registered charity in United States, based in Baker, MT. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Hot Soup reported income of $56k and spending of $46k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $69k to $56k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 77% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hot Soup sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within MT. Charities of a similar size with the same main cause include Alliance for the Future of Israel ($56k), Perspectives Worldwide Inc ($56k) and Here Am I Haiti Inc ($56k).

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 $156k against liabilities of $0, net assets of $156k.