Our Daily Bread Community Outreach Center Inc

Analysis

Our Daily Bread Community Outreach Center Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Our Daily Bread Community Outreach Center Inc reported income of $141k and spending of $69k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $141k (+43%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 45% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Our Daily Bread Community Outreach Center Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within WI. Charities of a similar size with the same main cause include Food Pantry of North Branford Inc ($141k), Panama City Beach Senior Servicesfoundation Inc ($141k) and CBG Foundation for Humanity and Education ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $143k against liabilities of $15k, net assets of $128k.