Daily Bread - an Ecumenical Food Pantry Inc

Analysis

Daily Bread - an Ecumenical Food Pantry Inc is a registered charity in United States, based in Danbury, CT. It received its IRS tax-exemption ruling in November 1991, 35 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 December 2023, Daily Bread - an Ecumenical Food Pantry Inc reported income of $388k and spending of $200k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $165k to $388k (+136%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 102%. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Daily Bread - an Ecumenical Food Pantry Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CT. Charities of a similar size with the same main cause include Share Food Share Love Food Pantry ($388k), Chicares Assisted Living Ltd ($388k) and Payee Central Inc ($388k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $723k against liabilities of $0, net assets of $723k.