Sufficient Bread Ministry

Analysis

Sufficient Bread Ministry is a registered charity in United States, based in Colorado SPGS, CO. 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 (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, Sufficient Bread Ministry reported income of $100k and spending of $93k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $100k (+0.7%), an average of +0.7% a year. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sufficient Bread Ministry sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within CO. Charities of a similar size with the same main cause include The Temple of Faith MB Church ($100k), Christian Life Ministries International Inc ($100k) and Preparing for Amazement Ministries Inc ($100k).

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 $59k against liabilities of $2,558, net assets of $56k.