Loaves & Fishes Hospitality House Inc

Analysis

Loaves & Fishes Hospitality House Inc is a registered charity in United States, based in New Milford, CT. It received its IRS tax-exemption ruling in March 1987, 39 years ago. Its declared purposes cover human services, 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, Loaves & Fishes Hospitality House Inc reported income of $105k and spending of $72k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $116k to $105k (-9.9%), an average of -2.6% a year. The sharpest change came in the year to December 2021, when income rose by 459%. Over the whole period it spent 24% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loaves & Fishes Hospitality House Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within CT. Charities of a similar size with the same main cause include Hill Country Youth Commercial Heifer Show and Sale ($105k), I Support the 1 ($105k) and Lighting the Way Outreach ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $2.6m against liabilities of $903k, net assets of $1.7m.