Expenses exceeding revenue in the last two reporting periods (202406: $589,551 expenses vs. $523,277 revenue; 202306: $551,716 expenses vs. $449,549 revenue).
A decline in total assets from $737,039 in 2022 to $572,045 in 2024, indicating a draw on reserves.
Strengths
Consistent 0% officer compensation across all available filings, indicating efficient use of funds for mission.
Strong program focus, as implied by the NTEE code K34Z (Soup Kitchens & Food Banks).
Long history of consistent IRS 990 filings (14 filings), demonstrating strong financial transparency.
Significant revenue growth over the past decade, from $224,440 in 2015 to $523,277 in 2024.
Relatively low liabilities, with $4,300 in the latest period (202406), indicating good debt management.
Spending Breakdown
How Claremont Soup Kitchen Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Claremont Soup Kitchen Inc
Is Claremont Soup Kitchen Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Claremont Soup Kitchen Inc (EIN: 20367045) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Claremont Soup Kitchen Inc a good charity to donate to?
Claremont Soup Kitchen Inc has a Mission Score of 85/100. Revenue: $523K. Assets: $572K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Claremont Soup Kitchen Inc?
The Employer Identification Number (EIN) for Claremont Soup Kitchen Inc is 20367045. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Claremont Soup Kitchen Inc spend its money?
Claremont Soup Kitchen Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Claremont Soup Kitchen Inc's tax-exempt status?
You can verify Claremont Soup Kitchen Inc's tax-exempt status using EIN 20367045 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Claremont Soup Kitchen Inc demonstrates a consistent commitment to its mission of providing meals, as evidenced by its NTEE code K34Z (Food, Agriculture, & Nutrition). The organization has shown significant growth in revenue over the past decade, from $224,440 in 2015 to $523,277 in 2024. However, recent filings indicate a trend where expenses have exceeded revenue, with the latest period (202406) showing expenses of $589,551 against revenues of $523,277, resulting in a deficit. This operational deficit has led to a decrease in assets from a peak of $737,039 in 2022 to $572,045 in 2024.
The organization maintains strong financial transparency by consistently filing its IRS 990 forms, with 14 filings available. A notable strength is the reported 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive indicator for donor confidence. While the recent deficits warrant attention, the organization's long history and consistent service suggest a stable operational base, albeit one that needs to manage its spending relative to incoming funds more closely to prevent further asset depletion.
Overall, Claremont Soup Kitchen Inc appears to be a dedicated service provider with good transparency regarding its financial reporting. The primary area for improvement lies in aligning expenses with revenue to ensure long-term financial sustainability, especially given the recent trend of operating at a loss. The low liabilities and absence of officer compensation are strong positive indicators of responsible financial management.