The Bread Bakers Guild of America

Analysis

The Bread Bakers Guild of America is a registered charity in United States, based in Cranston, RI. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Bread Bakers Guild of America reported income of $434k and spending of $432k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $582k to $434k (-25%), an average of -7.1% a year. The sharpest change came in the year to December 2020, when income dropped by 42%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Bread Bakers Guild of America sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within RI. Charities of a similar size with the same main cause include Downtown Mansfield Inc ($434k), Midwood Development Corp ($434k) and Danenet Inc ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $120k (28% of expenses). Other salaries and wages came to $138k. At year end it held assets of $699k against liabilities of $10k, net assets of $689k. It reported 3 employees.