Fish & Loaves

Analysis

Fish & Loaves is a registered charity in United States, based in Taylor, MI. It received its IRS tax-exemption ruling in August 2007, 19 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, Fish & Loaves reported income of $461k and spending of $664k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $473k to $461k (-2.5%), an average of -0.6% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fish & Loaves sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Chase the Victory ($461k), Mom Center ($461k) and Yampa Valley Autism Program ($461k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $75k (11% of expenses). At year end it held assets of $592k against liabilities of $1,069, net assets of $591k. It reported 3 employees.