Sweet Bread Ministries Inc

Analysis

Sweet Bread Ministries Inc is a registered charity in United States, based in Rudolph, WI. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Sweet Bread Ministries Inc reported income of $197k and spending of $223k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $259k to $197k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2020, when income dropped by 19%. Over the whole period it spent 109% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sweet Bread Ministries Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within WI. Charities of a similar size with the same main cause include Dan Salas Ministries ($197k), Cteen Boca Raton Inc ($197k) and American Friends of Eu Jewish Activities ($197k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $112k against liabilities of $100k, net assets of $12k.