Food For The Soul Kershaw County Inc
EIN: 264244051 · Camden, SC · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $607K |
| Total Expenses | $716K |
| Net Assets | $615K |
Is Food For The Soul Kershaw County Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Food For The Soul Kershaw County Inc
Food For The Soul Kershaw County Inc (EIN: 264244051) is a nonprofit organization based in Camden, SC, classified under NTEE code B90. The organization reported total revenue of $607K and total assets of $601K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Food For The Soul Kershaw County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Food For The Soul Kershaw County Inc is a small nonprofit that has been operating for 17 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 17.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $587K |
| Total Expenses | $716K |
| Surplus / Deficit | $-129,186 |
| Total Assets | $670K |
| Total Liabilities | $56K |
| Net Assets | $615K |
| Operating Margin | -22.0% |
| Debt-to-Asset Ratio | 8.3% |
| Months of Reserves | 11.2 months |
Financial Health Grade: B
In 2022, Food For The Soul Kershaw County Inc reported a deficit of $129K with expenses exceeding revenue, holds 11.2 months of operating reserves (strong position), has a debt-to-asset ratio of 8.3% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Food For The Soul Kershaw County Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +8.9% | +67.7% | -15.7% |
| 2021 | +24.4% | +34.6% | +17.3% |
| 2020 | +24.0% | +30.6% | +29.1% |
| 2019 | +58.1% | +3.1% | +24.5% |
| 2018 | -8.4% | -0.3% | -2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Food For The Soul Kershaw County Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Food For The Soul Kershaw County Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $129K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.3%.
Frequently Asked Questions about Food For The Soul Kershaw County Inc
Is Food For The Soul Kershaw County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Food For The Soul Kershaw County Inc (EIN: 264244051) insufficient data. 0 red flags identified, 0 strengths noted.
How does Food For The Soul Kershaw County Inc spend its money?
Detailed spending breakdown data is not yet available for Food For The Soul Kershaw County Inc. Check back for updated IRS 990 analysis.
Are donations to Food For The Soul Kershaw County Inc tax-deductible?
Food For The Soul Kershaw County Inc is registered as a tax-exempt nonprofit (EIN: 264244051). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Food For The Soul Kershaw County Inc located?
Food For The Soul Kershaw County Inc is headquartered in Camden, South Carolina and files with the IRS under EIN 264244051. It is classified under NTEE code B90.
How many years of IRS 990 filings does Food For The Soul Kershaw County Inc have?
Food For The Soul Kershaw County Inc 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 $607K in total revenue.
Filing History
IRS 990 filing history for Food For The Soul Kershaw County Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Food For The Soul Kershaw County Inc's revenue has grown by 468.4%, moving from $103K to $587K. Total assets increased by 78.6% over the same period, from $375K to $670K. Total functional expenses rose by 420.5%, from $138K to $716K. In its most recent filing year (2022), Food For The Soul Kershaw County Inc reported a deficit of $129K, with expenses exceeding revenue. The organization holds $56K in liabilities against $670K in assets (debt-to-asset ratio: 8.3%), resulting in net assets of $615K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $587K | $716K | $670K | $56K | — | View 990 |
| 2021 | $539K | $427K | $796K | $52K | — | View 990 |
| 2020 | $434K | $317K | $678K | $46K | — | — |
| 2019 | $350K | $243K | $525K | $10K | — | View 990 |
| 2018 | $221K | $236K | $422K | $13K | — | View 990 |
| 2017 | $241K | $236K | $432K | $9K | — | View 990 |
| 2016 | $234K | $175K | $424K | $7K | — | View 990 |
| 2015 | $148K | $176K | $366K | $7K | — | View 990 |
| 2014 | $203K | $175K | $394K | $8K | — | View 990 |
| 2013 | $179K | $172K | $366K | $7K | — | View 990 |
| 2012 | $147K | $164K | $357K | $6K | — | View 990 |
| 2011 | $103K | $138K | $375K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $587K, expenses of $716K, and assets of $670K (revenue +8.9% year-over-year).
- 2021: Revenue of $539K, expenses of $427K, and assets of $796K (revenue +24.4% year-over-year).
- 2020: Revenue of $434K, expenses of $317K, and assets of $678K (revenue +24.0% year-over-year).
- 2019: Revenue of $350K, expenses of $243K, and assets of $525K (revenue +58.1% year-over-year).
- 2018: Revenue of $221K, expenses of $236K, and assets of $422K (revenue -8.4% year-over-year).
- 2017: Revenue of $241K, expenses of $236K, and assets of $432K (revenue +3.2% year-over-year).
- 2016: Revenue of $234K, expenses of $175K, and assets of $424K (revenue +57.6% year-over-year).
- 2015: Revenue of $148K, expenses of $176K, and assets of $366K (revenue -26.9% year-over-year).
- 2014: Revenue of $203K, expenses of $175K, and assets of $394K (revenue +13.5% year-over-year).
- 2013: Revenue of $179K, expenses of $172K, and assets of $366K (revenue +21.8% year-over-year).
- 2012: Revenue of $147K, expenses of $164K, and assets of $357K (revenue +42.2% year-over-year).
- 2011: Revenue of $103K, expenses of $138K, and assets of $375K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Food For The Soul Kershaw County Inc:
Data Sources and Methodology
This transparency report for Food For The Soul Kershaw County Inc 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.