Bread of Life Center

Analysis

Bread of Life Center is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Bread of Life Center reported income of $213k and spending of $185k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $300k to $213k (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bread of Life Center sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Madinat-Ul-Uloom ($213k), Clay Pots Inc ($213k) and Empowering Leadership International ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 42% of the total. Other salaries and wages came to $79k. At year end it held assets of $237k against liabilities of $28k, net assets of $209k. It reported 3 employees.