Nashua Soup Kitchen And Shelter Incorporated
Nashua Soup Kitchen And Shelter Incorporated shows strong financial growth and zero officer compensation.
EIN: 20359239 · Nashua, NH · NTEE: K34Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.0M |
| Total Expenses | $2.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $14.8 |
| Net Assets | $11.0M |
| Transparency Score | 95/100 |
Is Nashua Soup Kitchen And Shelter Incorporated Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nashua Soup Kitchen And Shelter Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nashua Soup Kitchen And Shelter Incorporated
Nashua Soup Kitchen And Shelter Incorporated (EIN: 20359239) is a nonprofit organization based in Nashua, NH, classified under NTEE code K34Z. The organization reported total revenue of $4.0M and total assets of $15.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nashua Soup Kitchen And Shelter Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nashua Soup Kitchen And Shelter Incorporated is a mid-size nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.1M |
| Total Expenses | $2.5M |
| Surplus / Deficit | +$2.6M |
| Total Assets | $14.8M |
| Total Liabilities | $3.8M |
| Net Assets | $11.0M |
| Operating Margin | 50.8% |
| Debt-to-Asset Ratio | 25.9% |
| Months of Reserves | 70.7 months |
Financial Health Grade: A
In 2023, Nashua Soup Kitchen And Shelter Incorporated reported a surplus of $2.6M with revenue exceeding expenses, holds 70.7 months of operating reserves (strong position), has a debt-to-asset ratio of 25.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nashua Soup Kitchen And Shelter Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.8% | +26.4% | +13.9% |
| 2022 | +23.5% | -20.9% | +134.0% |
| 2021 | +84.2% | +43.1% | +39.4% |
| 2020 | +38.7% | +13.0% | +16.7% |
| 2019 | +21.1% | +2.0% | +2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 Nashua Soup Kitchen And Shelter Incorporated with a Mission Score of 95 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Nashua Soup Kitchen And Shelter Incorporated allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable for a nonprofit of its size with assets reaching $14.8 million.
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 Nashua Soup Kitchen And Shelter Incorporated:
- Consistent 0% officer compensation, indicating high transparency and dedication to mission.
- Significant and consistent revenue growth, from $2.22M in 202006 to $5.10M in 202306.
- Substantial asset growth, increasing from $3.98M in 202006 to $14.8M in 202306.
- Strong financial surpluses in recent years (e.g., $5.1M revenue vs. $2.5M expenses in 202306).
- Low liabilities relative to assets, indicating good financial management (e.g., $3.84M liabilities vs. $14.8M assets in 202306).
Frequently Asked Questions about Nashua Soup Kitchen And Shelter Incorporated
Is Nashua Soup Kitchen And Shelter Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Nashua Soup Kitchen And Shelter Incorporated (EIN: 20359239) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Nashua Soup Kitchen And Shelter Incorporated spend its money?
Nashua Soup Kitchen And Shelter Incorporated directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nashua Soup Kitchen And Shelter Incorporated tax-deductible?
Nashua Soup Kitchen And Shelter Incorporated is registered as a tax-exempt nonprofit (EIN: 20359239). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nashua Soup Kitchen And Shelter Incorporated CEO make?
Nashua Soup Kitchen And Shelter Incorporated's highest-compensated officer earns $14.8 annually. The organization reported $4.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Nashua Soup Kitchen And Shelter Incorporated's spending goes to programs?
Nashua Soup Kitchen And Shelter Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nashua Soup Kitchen And Shelter Incorporated compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Nashua Soup Kitchen And Shelter Incorporated is above average for NTEE category K34Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nashua Soup Kitchen And Shelter Incorporated located?
Nashua Soup Kitchen And Shelter Incorporated is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20359239. It is classified under NTEE code K34Z.
How many years of IRS 990 filings does Nashua Soup Kitchen And Shelter Incorporated have?
Nashua Soup Kitchen And Shelter Incorporated 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 $4.0M in total revenue.
Is Nashua Soup Kitchen And Shelter Incorporated financially stable?
Yes, the organization is financially stable, demonstrating consistent revenue growth and significant asset accumulation, with assets increasing from $3.98 million in 202006 to $14.8 million in 202306.
How does their executive compensation compare to similar nonprofits?
Their executive compensation is exceptionally low, at 0% across all reported periods, which is significantly lower than many comparable nonprofits that typically report some level of officer compensation.
What is the trend in their revenue and expenses?
Revenue has shown a strong upward trend, more than doubling from $2.22 million in 202006 to $5.10 million in 202306, while expenses have remained relatively stable or increased at a slower rate, leading to substantial surpluses.
Are their assets growing?
Yes, their assets have grown substantially, from $3.98 million in 202006 to $14.8 million in 202306, indicating strong financial health and capacity building.
Filing History
IRS 990 filing history for Nashua Soup Kitchen And Shelter Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nashua Soup Kitchen And Shelter Incorporated's revenue has grown by 254.9%, moving from $1.4M to $5.1M. Total assets increased by 568.3% over the same period, from $2.2M to $14.8M. Total functional expenses rose by 85.7%, from $1.4M to $2.5M. In its most recent filing year (2023), Nashua Soup Kitchen And Shelter Incorporated reported a surplus of $2.6M, with revenue exceeding expenses. The organization holds $3.8M in liabilities against $14.8M in assets (debt-to-asset ratio: 25.9%), resulting in net assets of $11.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.1M | $2.5M | $14.8M | $3.8M | — | — |
| 2022 | $5.1M | $2.0M | $13.0M | $4.6M | — | View 990 |
| 2021 | $4.1M | $2.5M | $5.6M | $257K | — | View 990 |
| 2020 | $2.2M | $1.8M | $4.0M | $270K | — | View 990 |
| 2019 | $1.6M | $1.6M | $3.4M | $169K | — | View 990 |
| 2018 | $1.3M | $1.5M | $3.3M | $120K | — | View 990 |
| 2017 | $1.3M | $1.4M | $3.5M | $138K | — | View 990 |
| 2016 | $1.4M | $1.4M | $3.6M | $123K | — | View 990 |
| 2015 | $2.0M | $1.4M | $3.7M | $202K | — | View 990 |
| 2014 | $2.3M | $1.6M | $3.2M | $362K | — | View 990 |
| 2013 | $1.8M | $1.5M | $2.4M | $313K | — | View 990 |
| 2012 | $1.4M | $1.4M | $2.2M | $319K | — | View 990 |
| 2011 | $1.4M | $1.4M | $2.2M | $355K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.1M, expenses of $2.5M, and assets of $14.8M (revenue +0.8% year-over-year).
- 2022: Revenue of $5.1M, expenses of $2.0M, and assets of $13.0M (revenue +23.5% year-over-year).
- 2021: Revenue of $4.1M, expenses of $2.5M, and assets of $5.6M (revenue +84.2% year-over-year).
- 2020: Revenue of $2.2M, expenses of $1.8M, and assets of $4.0M (revenue +38.7% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.6M, and assets of $3.4M (revenue +21.1% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.5M, and assets of $3.3M (revenue +2.3% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.4M, and assets of $3.5M (revenue -8.2% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.4M, and assets of $3.6M (revenue -29.8% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.4M, and assets of $3.7M (revenue -13.2% year-over-year).
- 2014: Revenue of $2.3M, expenses of $1.6M, and assets of $3.2M (revenue +30.4% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.5M, and assets of $2.4M (revenue +25.9% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $2.2M (revenue -2.0% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.4M, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nashua Soup Kitchen And Shelter Incorporated:
Data Sources and Methodology
This transparency report for Nashua Soup Kitchen And Shelter Incorporated 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.