Living Bread Ministries

Analysis

Living Bread Ministries is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Living Bread Ministries reported income of $197k and spending of $189k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $210k to $197k (-5.8%), an average of -2.9% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Living Bread Ministries sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within VA. Charities of a similar size with the same main cause include Travis Labhart Ministries Inc ($197k), Three in One Organization ($197k) and Khmer Buddhist Society ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $49k. At year end it held assets of $285k against liabilities of $490, net assets of $284k. It reported 4 employees.