Enfield Loaves & Fishes Inc

Analysis

Enfield Loaves & Fishes Inc is a registered charity in United States, based in Enfield, CT. It received its IRS tax-exemption ruling in April 1986, 40 years ago. 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, Enfield Loaves & Fishes Inc reported income of $350k and spending of $342k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $304k to $350k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2020, when income rose by 62%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Enfield Loaves & Fishes Inc 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 64th percentile, and in the 62nd percentile within CT. Charities of a similar size with the same main cause include Maine Avenue Manor Inc ($350k), Catawba Regional Development Corporation ($350k) and Meridian Youth Soccer Association ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $128k. At year end it held assets of $1.6m against liabilities of $115k, net assets of $1.5m. It reported 5 employees.