Bread & Roses Community Fund

Analysis

Bread & Roses Community Fund is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 1982, 44 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 June 2023, Bread & Roses Community Fund reported income of $7.0m and spending of $3.4m, leaving 51% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $7.0m (+75%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bread & Roses Community Fund sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Good Shepherd Lutheran Home ($7.0m), Restore Hope Ministries Inc ($7.0m) and Sisters of Mary of the Presentation Health Corporation ($7.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $137k (4.0% of expenses). Other salaries and wages came to $716k. At year end it held assets of $14.2m against liabilities of $1.8m, net assets of $12.4m. It reported 14 employees.