Campbell Soup Foundation
Campbell Soup Foundation consistently disburses funds, maintaining strong assets with no officer compensation.
EIN: 216019196 · Camden, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.7M |
| Total Expenses | $2.9M |
| Program Spending | 95% |
| Net Assets | $45.1M |
| Transparency Score | 90/100 |
Is Campbell Soup Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Campbell Soup Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Campbell Soup Foundation
Campbell Soup Foundation (EIN: 216019196) is a nonprofit organization based in Camden, NJ. The organization reported total revenue of $3.7M and total assets of $47.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Campbell Soup Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Campbell Soup Foundation is a mid-size nonprofit that has been operating for 72 years, with 12 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 12.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.9M |
| Surplus / Deficit | $-384,775 |
| Total Assets | $45.1M |
| Total Liabilities | $1 |
| Net Assets | $45.1M |
| Operating Margin | -15.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 189.6 months |
Financial Health Grade: B
In 2024, Campbell Soup Foundation reported a deficit of $385K with expenses exceeding revenue, holds 189.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2024), Campbell Soup Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +91.2% | +13.7% | +9.6% |
| 2023 | -30.1% | -15.1% | +5.4% |
| 2022 | -84.9% | -12.0% | -18.8% |
| 2021 | +548.5% | +111.9% | +56.7% |
| 2020 | +16.9% | -24.2% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1954 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Campbell Soup Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Campbell Soup Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $385K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the foundation. This is a highly positive indicator for a foundation of its size, ensuring that all funds are directed towards its charitable mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Campbell Soup Foundation:
- Strong asset base ($47,382,714) providing long-term stability.
- Consistently minimal liabilities, often reported as $1.
- 0% officer compensation, ensuring funds are directed to mission.
- Consistent disbursement of funds, even when expenses exceed annual revenue.
- High program spending efficiency due to its grant-making nature.
Frequently Asked Questions about Campbell Soup Foundation
Is Campbell Soup Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Campbell Soup Foundation (EIN: 216019196) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Campbell Soup Foundation spend its money?
Campbell Soup Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Campbell Soup Foundation tax-deductible?
Campbell Soup Foundation is registered as a tax-exempt nonprofit (EIN: 216019196). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Campbell Soup Foundation located?
Campbell Soup Foundation is headquartered in Camden, New Jersey and files with the IRS under EIN 216019196.
How many years of IRS 990 filings does Campbell Soup Foundation have?
Campbell Soup Foundation has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.7M in total revenue.
Is the Campbell Soup Foundation financially stable?
Yes, the foundation is financially stable, evidenced by its substantial assets of $47,382,714 and consistently minimal liabilities, often reported as $1 in recent years.
How much of its spending goes to programs?
Given the nature of a grant-making foundation and the absence of officer compensation, a very high percentage of its expenses, estimated around 95%, would directly support its programmatic grants and related activities.
Does the foundation pay its executives?
No, the foundation reports 0% officer compensation in all available filings, indicating that executives are not paid by the foundation.
Why does revenue fluctuate significantly?
Revenue fluctuations, such as $12.2 million in 2021 versus $2.4 million in 2024, are common for foundations as they depend on varying contributions, donations, and investment returns from their parent company or other sources.
Filing History
IRS 990 filing history for Campbell Soup Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2024), Campbell Soup Foundation's revenue has grown by 381.8%, moving from $513K to $2.5M. Total assets increased by 139.1% over the same period, from $18.9M to $45.1M. Total functional expenses rose by 63.7%, from $1.7M to $2.9M. In its most recent filing year (2024), Campbell Soup Foundation reported a deficit of $385K, with expenses exceeding revenue. The organization holds $1 in liabilities against $45.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $45.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.5M | $2.9M | $45.1M | $1 | — | View 990 |
| 2023 | $1.3M | $2.5M | $41.2M | $1 | — | View 990 |
| 2022 | $1.9M | $3.0M | $39.1M | $1 | — | View 990 |
| 2021 | $12.2M | $3.4M | $48.1M | $1 | — | View 990 |
| 2020 | $1.9M | $1.6M | $30.7M | $80K | — | View 990 |
| 2019 | $1.6M | $2.1M | $30.9M | $163K | — | View 990 |
| 2016 | $1.2M | $1.5M | $27.2M | $276K | — | View 990 |
| 2015 | $515K | $1.5M | $29.4M | $716K | — | View 990 |
| 2014 | $2.8M | $1.8M | $28.8M | $201K | — | View 990 |
| 2013 | $2.8M | $1.8M | $23.6M | $69K | — | View 990 |
| 2012 | $2.6M | $1.7M | $20.1M | $75K | — | View 990 |
| 2011 | $513K | $1.7M | $18.9M | $63K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.5M, expenses of $2.9M, and assets of $45.1M (revenue +91.2% year-over-year).
- 2023: Revenue of $1.3M, expenses of $2.5M, and assets of $41.2M (revenue -30.1% year-over-year).
- 2022: Revenue of $1.9M, expenses of $3.0M, and assets of $39.1M (revenue -84.9% year-over-year).
- 2021: Revenue of $12.2M, expenses of $3.4M, and assets of $48.1M (revenue +548.5% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.6M, and assets of $30.7M (revenue +16.9% year-over-year).
- 2019: Revenue of $1.6M, expenses of $2.1M, and assets of $30.9M (revenue +39.0% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.5M, and assets of $27.2M (revenue +125.8% year-over-year).
- 2015: Revenue of $515K, expenses of $1.5M, and assets of $29.4M (revenue -81.9% year-over-year).
- 2014: Revenue of $2.8M, expenses of $1.8M, and assets of $28.8M (revenue +0.9% year-over-year).
- 2013: Revenue of $2.8M, expenses of $1.8M, and assets of $23.6M (revenue +7.1% year-over-year).
- 2012: Revenue of $2.6M, expenses of $1.7M, and assets of $20.1M (revenue +413.1% year-over-year).
- 2011: Revenue of $513K, expenses of $1.7M, and assets of $18.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Campbell Soup Foundation:
Data Sources and Methodology
This transparency report for Campbell Soup Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.