Sonshine Soup Kitchen
Sonshine Soup Kitchen shows consistent asset growth and no executive compensation, despite recent minor operating deficit.
EIN: 20438520 · Derry, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $297K |
| Total Expenses | $346K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $200,000 |
| Net Assets | $651K |
| Transparency Score | 92/100 |
Is Sonshine Soup Kitchen Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sonshine Soup Kitchen directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sonshine Soup Kitchen
Sonshine Soup Kitchen (EIN: 20438520) is a nonprofit organization based in Derry, NH. The organization reported total revenue of $297K and total assets of $815K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sonshine Soup Kitchen's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sonshine Soup Kitchen is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $317K |
| Total Expenses | $346K |
| Surplus / Deficit | $-28,770 |
| Total Assets | $836K |
| Total Liabilities | $184K |
| Net Assets | $651K |
| Operating Margin | -9.1% |
| Debt-to-Asset Ratio | 22.1% |
| Months of Reserves | 29.0 months |
Financial Health Grade: B
In 2023, Sonshine Soup Kitchen reported a deficit of $29K with expenses exceeding revenue, holds 29.0 months of operating reserves (strong position), has a debt-to-asset ratio of 22.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sonshine Soup Kitchen's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.4% | +19.3% | -3.6% |
| 2022 | -36.1% | -20.1% | +3.8% |
| 2021 | +24.8% | +27.0% | +19.0% |
| 2020 | +51.8% | +4.4% | +23.2% |
| 2019 | +7.3% | +12.4% | +-0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Sonshine Soup Kitchen with a Mission Score of 92 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: 90%
- fundraising: 5%
According to IRS 990 filings, Sonshine Soup Kitchen allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 deficit of $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 22.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for a nonprofit of its size with annual revenues typically between $200,000 and $400,000.
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.
Red Flags
The following concerns were identified during AI analysis of Sonshine Soup Kitchen's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($345,797 vs. $317,027), indicating a minor operating deficit for that period.
Strengths
The following positive indicators were identified for Sonshine Soup Kitchen:
- Consistent asset growth, from $221,135 in 2015 to $835,501 in 2023.
- 0% officer compensation reported across all available filings, indicating high efficiency and dedication to mission.
- Long and consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
- Generally stable revenue streams, supporting ongoing operations.
Frequently Asked Questions about Sonshine Soup Kitchen
Is Sonshine Soup Kitchen a legitimate charity?
Sonshine Soup Kitchen (EIN: 20438520) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $297K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Sonshine Soup Kitchen spend its money?
Sonshine Soup Kitchen directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Sonshine Soup Kitchen tax-deductible?
Sonshine Soup Kitchen is registered as a tax-exempt nonprofit (EIN: 20438520). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sonshine Soup Kitchen CEO make?
Sonshine Soup Kitchen's highest-compensated officer earns $200,000 annually. The organization reported $297K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Sonshine Soup Kitchen's spending goes to programs?
Sonshine Soup Kitchen directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Sonshine Soup Kitchen located?
Sonshine Soup Kitchen is headquartered in Derry, New Hampshire and files with the IRS under EIN 20438520.
How many years of IRS 990 filings does Sonshine Soup Kitchen have?
Sonshine Soup Kitchen 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 $297K in total revenue.
Is Sonshine Soup Kitchen a good charity?
Based on the provided IRS 990 data, Sonshine Soup Kitchen appears to be a good charity. It demonstrates strong financial health with growing assets, consistent operations, and a notable commitment to directing funds to its mission by reporting 0% officer compensation.
How has Sonshine Soup Kitchen's financial health changed over time?
Sonshine Soup Kitchen's financial health has generally improved over time. Assets have grown significantly from $221,135 in 2015 to $835,501 in 2023, indicating strong financial stewardship and accumulation of resources.
Does Sonshine Soup Kitchen pay its executives?
No, the IRS 990 filings consistently report 0% officer compensation, meaning no executives or officers receive salaries from Sonshine Soup Kitchen.
Filing History
IRS 990 filing history for Sonshine Soup Kitchen showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sonshine Soup Kitchen's revenue has grown by 111.3%, moving from $150K to $317K. Total assets increased by 496.1% over the same period, from $140K to $836K. Total functional expenses rose by 159%, from $133K to $346K. In its most recent filing year (2023), Sonshine Soup Kitchen reported a deficit of $29K, with expenses exceeding revenue. The organization holds $184K in liabilities against $836K in assets (debt-to-asset ratio: 22.1%), resulting in net assets of $651K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $317K | $346K | $836K | $184K | — | — |
| 2022 | $342K | $290K | $866K | $189K | — | View 990 |
| 2021 | $536K | $363K | $834K | $194K | — | View 990 |
| 2020 | $429K | $286K | $701K | $234K | — | View 990 |
| 2019 | $283K | $273K | $569K | $246K | — | View 990 |
| 2018 | $264K | $243K | $569K | $255K | — | View 990 |
| 2017 | $256K | $267K | $551K | $258K | — | View 990 |
| 2016 | $332K | $249K | $576K | $272K | — | View 990 |
| 2015 | $195K | $207K | $221K | $0 | — | View 990 |
| 2014 | $224K | $204K | $233K | $0 | — | View 990 |
| 2013 | $280K | $208K | $215K | $2K | — | View 990 |
| 2012 | $194K | $192K | $140K | $58 | — | View 990 |
| 2011 | $150K | $133K | $140K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $317K, expenses of $346K, and assets of $836K (revenue -7.4% year-over-year).
- 2022: Revenue of $342K, expenses of $290K, and assets of $866K (revenue -36.1% year-over-year).
- 2021: Revenue of $536K, expenses of $363K, and assets of $834K (revenue +24.8% year-over-year).
- 2020: Revenue of $429K, expenses of $286K, and assets of $701K (revenue +51.8% year-over-year).
- 2019: Revenue of $283K, expenses of $273K, and assets of $569K (revenue +7.3% year-over-year).
- 2018: Revenue of $264K, expenses of $243K, and assets of $569K (revenue +3.2% year-over-year).
- 2017: Revenue of $256K, expenses of $267K, and assets of $551K (revenue -23.0% year-over-year).
- 2016: Revenue of $332K, expenses of $249K, and assets of $576K (revenue +70.0% year-over-year).
- 2015: Revenue of $195K, expenses of $207K, and assets of $221K (revenue -12.9% year-over-year).
- 2014: Revenue of $224K, expenses of $204K, and assets of $233K (revenue -20.0% year-over-year).
- 2013: Revenue of $280K, expenses of $208K, and assets of $215K (revenue +44.5% year-over-year).
- 2012: Revenue of $194K, expenses of $192K, and assets of $140K (revenue +29.2% year-over-year).
- 2011: Revenue of $150K, expenses of $133K, and assets of $140K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sonshine Soup Kitchen:
Data Sources and Methodology
This transparency report for Sonshine Soup Kitchen 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.