Bread & Roses Inc

Analysis

Bread & Roses Inc is a registered charity in United States, based in Lawrence, MA. It received its IRS tax-exemption ruling in March 1988, 38 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bread & Roses Inc reported income of $1.6m and spending of $1.7m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $782k to $1.6m (+102%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 75%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bread & Roses Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Children First Enterprises Inc ($1.6m), High Point Village ($1.6m) and Child Care Centers of Marshfield Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $119k (6.8% of expenses). Other salaries and wages came to $386k. At year end it held assets of $1.4m against liabilities of $48k, net assets of $1.4m. It reported 11 employees.