Gaithersburg Community Soup Kitchen Inc
EIN: 521361857 · Washingtn Grv, MD · NTEE: K30Z
| Metric | Value |
|---|---|
| Total Revenue | $135K |
| Total Expenses | $116K |
| Net Assets | $188K |
Is Gaithersburg Community Soup Kitchen Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gaithersburg Community Soup Kitchen Inc
Gaithersburg Community Soup Kitchen Inc (EIN: 521361857) is a nonprofit organization based in Washingtn Grv, MD, classified under NTEE code K30Z. The organization reported total revenue of $135K and total assets of $200K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gaithersburg Community Soup Kitchen Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gaithersburg Community Soup Kitchen Inc is a small nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $115K |
| Total Expenses | $116K |
| Surplus / Deficit | $-1,771 |
| Total Assets | $188K |
| Net Assets | $188K |
| Operating Margin | -1.5% |
| Months of Reserves | 19.4 months |
Financial Health Grade: B
In 2023, Gaithersburg Community Soup Kitchen Inc reported a deficit of $2K with expenses exceeding revenue, holds 19.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Gaithersburg Community Soup Kitchen Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.3% | -22.0% | -0.9% |
| 2022 | +39.2% | +49.4% | -17.5% |
| 2021 | +25.6% | +1.5% | -4.8% |
| 2020 | +45.8% | +57.5% | -13.0% |
| 2019 | -49.0% | +30.6% | -6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gaithersburg Community Soup Kitchen 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 Gaithersburg Community Soup Kitchen 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Frequently Asked Questions about Gaithersburg Community Soup Kitchen Inc
Is Gaithersburg Community Soup Kitchen Inc a legitimate charity?
Gaithersburg Community Soup Kitchen Inc (EIN: 521361857) is a registered tax-exempt nonprofit based in Maryland. It has 13 years of IRS 990 filings on record. Total revenue: $135K. No red flags identified. Financial health grade: B.
How does Gaithersburg Community Soup Kitchen Inc spend its money?
Gaithersburg Community Soup Kitchen Inc reported $135K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Gaithersburg Community Soup Kitchen Inc tax-deductible?
Gaithersburg Community Soup Kitchen Inc is registered as a tax-exempt nonprofit (EIN: 521361857). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gaithersburg Community Soup Kitchen Inc located?
Gaithersburg Community Soup Kitchen Inc is headquartered in Washingtn Grv, Maryland and files with the IRS under EIN 521361857. It is classified under NTEE code K30Z.
How many years of IRS 990 filings does Gaithersburg Community Soup Kitchen Inc have?
Gaithersburg Community Soup Kitchen Inc has 13 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 $135K in total revenue.
Filing History
IRS 990 filing history for Gaithersburg Community Soup Kitchen Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gaithersburg Community Soup Kitchen Inc's revenue has grown by 30.4%, moving from $88K to $115K. Total assets decreased by 14.1% over the same period, from $219K to $188K. Total functional expenses rose by 136.1%, from $49K to $116K. In its most recent filing year (2023), Gaithersburg Community Soup Kitchen Inc reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $115K | $116K | $188K | $0 | — | — |
| 2022 | $109K | $149K | $190K | $0 | — | View 990 |
| 2021 | $78K | $100K | $230K | $0 | — | — |
| 2020 | $62K | $98K | $242K | $0 | — | View 990 |
| 2019 | $43K | $62K | $278K | $0 | — | View 990 |
| 2018 | $84K | $48K | $298K | $0 | — | View 990 |
| 2017 | $78K | $72K | $262K | $0 | — | View 990 |
| 2016 | $70K | $76K | $257K | $0 | — | View 990 |
| 2015 | $72K | $70K | $263K | $0 | — | View 990 |
| 2014 | $81K | $64K | $261K | $0 | — | View 990 |
| 2013 | $76K | $77K | $243K | $0 | — | View 990 |
| 2012 | $89K | $63K | $245K | $0 | — | View 990 |
| 2011 | $88K | $49K | $219K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $115K, expenses of $116K, and assets of $188K (revenue +5.3% year-over-year).
- 2022: Revenue of $109K, expenses of $149K, and assets of $190K (revenue +39.2% year-over-year).
- 2021: Revenue of $78K, expenses of $100K, and assets of $230K (revenue +25.6% year-over-year).
- 2020: Revenue of $62K, expenses of $98K, and assets of $242K (revenue +45.8% year-over-year).
- 2019: Revenue of $43K, expenses of $62K, and assets of $278K (revenue -49.0% year-over-year).
- 2018: Revenue of $84K, expenses of $48K, and assets of $298K (revenue +7.8% year-over-year).
- 2017: Revenue of $78K, expenses of $72K, and assets of $262K (revenue +10.7% year-over-year).
- 2016: Revenue of $70K, expenses of $76K, and assets of $257K (revenue -2.9% year-over-year).
- 2015: Revenue of $72K, expenses of $70K, and assets of $263K (revenue -10.8% year-over-year).
- 2014: Revenue of $81K, expenses of $64K, and assets of $261K (revenue +6.7% year-over-year).
- 2013: Revenue of $76K, expenses of $77K, and assets of $243K (revenue -14.2% year-over-year).
- 2012: Revenue of $89K, expenses of $63K, and assets of $245K (revenue +0.6% year-over-year).
- 2011: Revenue of $88K, expenses of $49K, and assets of $219K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gaithersburg Community Soup Kitchen Inc:
Data Sources and Methodology
This transparency report for Gaithersburg Community Soup Kitchen 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.